Western Wealth Management LLC Takes $785,000 Position in Franklin International Core Dividend Tilt Index ETF $DIVI

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

Several other large investors have also recently added to or reduced their stakes in DIVI. Sunbelt Securities Inc. boosted its stake in Franklin International Core Dividend Tilt Index ETF by 677.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after buying an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF during the 3rd quarter valued at about $29,000. Johnson Financial Group Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF during the 1st quarter valued at about $33,000. Assetmark Inc. lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 950.0% during the 4th quarter. Assetmark Inc. now owns 945 shares of the company’s stock worth $37,000 after acquiring an additional 855 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 30.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock worth $42,000 after acquiring an additional 250 shares during the period.

Franklin International Core Dividend Tilt Index ETF Stock Performance

DIVI opened at $44.70 on Friday. The company’s 50 day simple moving average is $43.18 and its 200 day simple moving average is $42.20. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $36.15 and a 1 year high of $44.88. The stock has a market capitalization of $2.78 billion, a PE ratio of 14.82 and a beta of 0.68.

Franklin International Core Dividend Tilt Index ETF Company 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.