Cetera Investment Advisers Grows Position in Franklin International Core Dividend Tilt Index ETF $DIVI

Cetera Investment Advisers increased its position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 9.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 636,711 shares of the company’s stock after purchasing an additional 55,277 shares during the period. Cetera Investment Advisers’ holdings in Franklin International Core Dividend Tilt Index ETF were worth $22,692,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Analysts LLC grew its holdings in Franklin International Core Dividend Tilt Index ETF by 1,497.7% in the 1st quarter. Capital Analysts LLC now owns 617,457 shares of the company’s stock worth $20,123,000 after acquiring an additional 578,811 shares during the last quarter. Baron Wealth Management LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 93.8% during the second quarter. Baron Wealth Management LLC now owns 678,704 shares of the company’s stock worth $24,189,000 after purchasing an additional 328,437 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 755.1% in the first quarter. Jones Financial Companies Lllp now owns 328,722 shares of the company’s stock worth $10,713,000 after purchasing an additional 290,281 shares during the last quarter. Retirement Planning Group LLC increased its holdings in Franklin International Core Dividend Tilt Index ETF by 5.1% during the 2nd quarter. Retirement Planning Group LLC now owns 4,475,833 shares of the company’s stock valued at $159,519,000 after purchasing an additional 216,801 shares during the period. Finally, Legacy Financial Advisors Inc. raised its position in Franklin International Core Dividend Tilt Index ETF by 27.7% during the 1st quarter. Legacy Financial Advisors Inc. now owns 859,866 shares of the company’s stock valued at $28,023,000 after purchasing an additional 186,433 shares during the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

NYSEARCA DIVI opened at $37.45 on Wednesday. The stock has a market cap of $1.89 billion, a P/E ratio of 14.82 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $28.70 and a fifty-two week high of $38.83. The stock has a 50 day simple moving average of $37.68 and a two-hundred day simple moving average of $36.38.

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.