Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) Stock Short Interest Report for September

Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 6,817 shares, a decline of 75.4% from the September 15th total of 27,749 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 14,323 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Franklin U.S. Core Dividend Tilt Index ETF

Large investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 3.5% in the first quarter. Arkadios Wealth Advisors now owns 59,522 shares of the company’s stock worth $3,072,000 after buying an additional 2,026 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 3.7% during the 1st quarter. Cetera Investment Advisers now owns 54,361 shares of the company’s stock worth $2,806,000 after acquiring an additional 1,961 shares in the last quarter. Sanctuary Advisors LLC grew its position in shares of Franklin U.S. Core Dividend Tilt Index ETF by 14.1% during the 1st quarter. Sanctuary Advisors LLC now owns 52,487 shares of the company’s stock valued at $2,709,000 after acquiring an additional 6,466 shares during the period. BAM Wealth Management LLC raised its holdings in Franklin U.S. Core Dividend Tilt Index ETF by 32.1% in the 2nd quarter. BAM Wealth Management LLC now owns 30,418 shares of the company’s stock worth $1,828,000 after purchasing an additional 7,387 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Franklin U.S. Core Dividend Tilt Index ETF by 52.5% in the first quarter. Bank of New York Mellon Corp now owns 21,956 shares of the company’s stock valued at $1,133,000 after purchasing an additional 7,562 shares during the period.

Franklin U.S. Core Dividend Tilt Index ETF Stock Performance

NYSEARCA:UDIV traded down $0.08 during mid-day trading on Monday, hitting $62.26. 4,904 shares of the company’s stock traded hands, compared to its average volume of 12,077. Franklin U.S. Core Dividend Tilt Index ETF has a twelve month low of $50.02 and a twelve month high of $68.06. The company has a market capitalization of $161.88 million, a P/E ratio of 24.12 and a beta of 0.90. The company has a fifty day moving average of $61.70 and a 200 day moving average of $59.36.

Franklin U.S. Core Dividend Tilt Index ETF Company Profile

Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index. The index is based on the Morningstar® US Target Market Exposure Index (Parent 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.