Private Trust Co. NA Reduces Holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Private Trust Co. NA lowered its stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 7.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 6,109 shares of the company’s stock after selling 462 shares during the period. Private Trust Co. NA’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $183,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of DIVI. LPL Financial LLC boosted its position in Franklin International Core Dividend Tilt Index ETF by 6.9% during the 3rd quarter. LPL Financial LLC now owns 3,933,165 shares of the company’s stock valued at $130,424,000 after acquiring an additional 255,340 shares in the last quarter. BCGM Wealth Management LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the fourth quarter valued at approximately $7,165,000. Janney Montgomery Scott LLC grew its stake in Franklin International Core Dividend Tilt Index ETF by 51.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 280,251 shares of the company’s stock worth $8,410,000 after purchasing an additional 95,156 shares during the period. Sanctuary Advisors LLC raised its holdings in Franklin International Core Dividend Tilt Index ETF by 20.6% in the third quarter. Sanctuary Advisors LLC now owns 550,250 shares of the company’s stock worth $16,827,000 after purchasing an additional 94,142 shares in the last quarter. Finally, Ridgeline Wealth Planning LLC bought a new position in Franklin International Core Dividend Tilt Index ETF in the fourth quarter worth $2,791,000.

Franklin International Core Dividend Tilt Index ETF Trading Up 1.2 %

Shares of DIVI stock opened at $32.72 on Tuesday. The company’s fifty day moving average price is $31.25 and its 200-day moving average price is $31.67. The stock has a market cap of $1.16 billion, a PE ratio of 15.15 and a beta of 0.71. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $29.51 and a 12 month high of $33.74.

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.