Legacy Financial Advisors Inc. Buys 186,433 Shares of Franklin International Core Dividend Tilt Index ETF $DIVI

Legacy Financial Advisors Inc. boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 27.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 859,866 shares of the company’s stock after buying an additional 186,433 shares during the quarter. Franklin International Core Dividend Tilt Index ETF makes up approximately 4.7% of Legacy Financial Advisors Inc.’s portfolio, making the stock its 2nd biggest position. Legacy Financial Advisors Inc. owned 2.14% of Franklin International Core Dividend Tilt Index ETF worth $28,023,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Valley National Advisers Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 1st quarter valued at about $49,000. Highline Wealth Partners LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 1st quarter valued at about $58,000. Comerica Bank lifted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 11.8% in the 4th quarter. Comerica Bank now owns 3,267 shares of the company’s stock valued at $98,000 after purchasing an additional 346 shares during the period. Cornerstone Financial Group LLC NE acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 4th quarter valued at about $222,000. Finally, Private Trust Co. NA lifted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 30.5% in the 1st quarter. Private Trust Co. NA now owns 7,974 shares of the company’s stock valued at $260,000 after purchasing an additional 1,865 shares during the period.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of Franklin International Core Dividend Tilt Index ETF stock opened at $36.96 on Tuesday. Franklin International Core Dividend Tilt Index ETF has a one year low of $28.70 and a one year high of $37.04. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 14.82 and a beta of 0.66. The business has a 50-day simple moving average of $35.68 and a 200 day simple moving average of $34.04.

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.