Smartleaf Asset Management LLC Makes New Investment in Franklin International Core Dividend Tilt Index ETF $DIVI

Smartleaf Asset Management LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 94,619 shares of the company’s stock, valued at approximately $3,518,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DIVI. Cornerstone Wealth Management LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 1.1% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 26,384 shares of the company’s stock worth $984,000 after purchasing an additional 277 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 5.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 7,488 shares of the company’s stock valued at $267,000 after buying an additional 377 shares during the period. Bank of Montreal Can grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% during the second quarter. Bank of Montreal Can now owns 6,773 shares of the company’s stock worth $241,000 after buying an additional 438 shares in the last quarter. Burns Matteson Capital Management LLC grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% during the third quarter. Burns Matteson Capital Management LLC now owns 8,659 shares of the company’s stock worth $323,000 after buying an additional 559 shares in the last quarter. Finally, Private Trust Co. NA increased its stake in shares of Franklin International Core Dividend Tilt Index ETF by 9.4% during the third quarter. Private Trust Co. NA now owns 8,673 shares of the company’s stock worth $324,000 after buying an additional 747 shares during the period.

Franklin International Core Dividend Tilt Index ETF Stock Up 2.2%

Shares of Franklin International Core Dividend Tilt Index ETF stock opened at $42.00 on Friday. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $28.70 and a 52-week high of $42.01. The company has a 50 day moving average of $39.72 and a 200 day moving average of $38.09. The company has a market capitalization of $2.28 billion, a P/E ratio of 14.82 and a beta of 0.71.

Franklin International Core Dividend Tilt Index ETF Profile

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.