NewEdge Advisors LLC Has $37.44 Million Holdings in Franklin International Core Dividend Tilt Index ETF $DIVI

NewEdge Advisors LLC boosted its holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 12.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 876,397 shares of the company’s stock after acquiring an additional 98,345 shares during the quarter. NewEdge Advisors LLC owned 1.41% of Franklin International Core Dividend Tilt Index ETF worth $37,440,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in DIVI. JPMorgan Chase & Co. increased its holdings in Franklin International Core Dividend Tilt Index ETF by 23.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,395 shares of the company’s stock worth $513,000 after purchasing an additional 2,726 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Franklin International Core Dividend Tilt Index ETF by 35.1% during the second quarter. Raymond James Financial Inc. now owns 752,548 shares of the company’s stock valued at $26,821,000 after buying an additional 195,552 shares during the last quarter. Jane Street Group LLC grew its holdings in Franklin International Core Dividend Tilt Index ETF by 1.1% during the second quarter. Jane Street Group LLC now owns 381,022 shares of the company’s stock worth $13,580,000 after buying an additional 4,297 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Franklin International Core Dividend Tilt Index ETF by 79.7% during the second quarter. Ameriprise Financial Inc. now owns 91,711 shares of the company’s stock worth $3,269,000 after buying an additional 40,677 shares in the last quarter. Finally, Bank of America Corp DE raised its position in Franklin International Core Dividend Tilt Index ETF by 138.4% in the 2nd quarter. Bank of America Corp DE now owns 1,519,906 shares of the company’s stock valued at $54,169,000 after buying an additional 882,367 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.8%

NYSEARCA DIVI opened at $44.03 on Thursday. The business has a fifty day simple moving average of $43.73 and a 200 day simple moving average of $42.53. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $36.59 and a 12 month high of $44.89. The firm has a market capitalization of $2.73 billion, a P/E ratio of 14.82 and a beta of 0.68.

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.