Sigma Planning Corp Acquires 17,983 Shares of Franklin International Core Dividend Tilt Index ETF $DIVI

Sigma Planning Corp bought a new position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the third quarter, HoldingsChannel reports. The fund bought 17,983 shares of the company’s stock, valued at approximately $767,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DIVI. Envestnet Asset Management Inc. lifted its position in Franklin International Core Dividend Tilt Index ETF by 102.2% during the second quarter. Envestnet Asset Management Inc. now owns 756,101 shares of the company’s stock valued at $32,301,000 after purchasing an additional 382,124 shares during the period. Concurrent Investment Advisors LLC purchased a new stake in Franklin International Core Dividend Tilt Index ETF during the 2nd quarter valued at $750,000. Bank of New York Mellon Corp lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 23.2% during the 1st quarter. Bank of New York Mellon Corp now owns 452,005 shares of the company’s stock valued at $17,994,000 after buying an additional 85,159 shares during the period. Capital Analysts LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 1.2% during the 2nd quarter. Capital Analysts LLC now owns 1,619,997 shares of the company’s stock valued at $69,207,000 after buying an additional 19,455 shares during the period. Finally, HBW Advisory Services LLC boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 27.3% in the 1st quarter. HBW Advisory Services LLC now owns 87,464 shares of the company’s stock worth $3,482,000 after buying an additional 18,757 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of DIVI opened at $42.37 on Friday. The firm has a market capitalization of $2.63 billion, a P/E ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a one year low of $36.79 and a one year high of $44.89. The business has a fifty day moving average of $43.22 and a 200 day moving average of $42.42.

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.