Cwm LLC Purchases 154,297 Shares of Franklin International Core Dividend Tilt Index ETF $DIVI

Cwm LLC increased its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 14.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,244,471 shares of the company’s stock after buying an additional 154,297 shares during the period. Cwm LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $48,397,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Cornerstone Wealth Management LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 1.1% during the third quarter. Cornerstone Wealth Management LLC now owns 26,384 shares of the company’s stock worth $984,000 after buying an additional 277 shares in the last quarter. LOM Asset Management Ltd grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 5.9% during the third quarter. LOM Asset Management Ltd now owns 7,575 shares of the company’s stock worth $283,000 after buying an additional 420 shares in the last quarter. Stratos Investment Management LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 3.2% during the fourth quarter. Stratos Investment Management LLC now owns 17,721 shares of the company’s stock worth $689,000 after buying an additional 554 shares in the last quarter. Burns Matteson Capital Management LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% during the third quarter. Burns Matteson Capital Management LLC now owns 8,659 shares of the company’s stock worth $323,000 after buying an additional 559 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 677.6% during the third quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after buying an additional 576 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

NYSEARCA:DIVI opened at $42.23 on Friday. The stock has a 50-day simple moving average of $41.11 and a 200 day simple moving average of $39.59. The company has a market cap of $2.45 billion, a PE ratio of 14.82 and a beta of 0.69. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $31.90 and a 52-week high of $43.21.

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.