Western Wealth Management LLC Makes New $785,000 Investment in Franklin International Core Dividend Tilt Index ETF $DIVI

Western Wealth Management LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,731 shares of the company’s stock, valued at approximately $785,000.

Other institutional investors have also recently made changes to their positions in the company. Retirement Planning Group LLC grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 14.0% in the first quarter. Retirement Planning Group LLC now owns 5,659,717 shares of the company’s stock worth $225,313,000 after acquiring an additional 695,595 shares during the period. LPL Financial LLC lifted its position in Franklin International Core Dividend Tilt Index ETF by 5.4% during the fourth quarter. LPL Financial LLC now owns 4,659,366 shares of the company’s stock valued at $181,203,000 after purchasing an additional 240,799 shares during the period. Bank of America Corp DE lifted its position in Franklin International Core Dividend Tilt Index ETF by 14.1% during the first quarter. Bank of America Corp DE now owns 2,157,120 shares of the company’s stock valued at $85,875,000 after purchasing an additional 266,110 shares during the period. Capital Analysts LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 1.7% in the fourth quarter. Capital Analysts LLC now owns 1,436,571 shares of the company’s stock worth $55,868,000 after purchasing an additional 23,804 shares during the last quarter. Finally, CWM LLC grew its position in Franklin International Core Dividend Tilt Index ETF by 14.2% in the 4th quarter. CWM LLC now owns 1,244,471 shares of the company’s stock worth $48,397,000 after purchasing an additional 154,297 shares during the period.

Franklin International Core Dividend Tilt Index ETF Trading Up 0.5%

Shares of DIVI opened at $43.71 on Tuesday. The firm has a fifty day simple moving average of $42.98 and a two-hundred day simple moving average of $41.96. The firm has a market cap of $2.71 billion, a PE ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 1-year low of $35.29 and a 1-year high of $44.18.

About Franklin International Core Dividend Tilt Index ETF

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure Index and is constructed by applying an optimization process to the Parent Index that aims to deliver a higher dividend yield than the Parent Index, while limiting expected tracking error to the Parent Index.