Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Position Increased by Royal Fund Management LLC

Royal Fund Management LLC raised its holdings in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 27.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 58,138 shares of the company’s stock after buying an additional 12,464 shares during the period. Royal Fund Management LLC owned about 0.58% of Franklin International Core Dividend Tilt Index ETF worth $1,699,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Harbour Investments Inc. bought a new stake in Franklin International Core Dividend Tilt Index ETF during the fourth quarter worth approximately $33,000. Private Trust Co. NA bought a new stake in Franklin International Core Dividend Tilt Index ETF during the first quarter worth approximately $91,000. Advisory Services Network LLC bought a new stake in Franklin International Core Dividend Tilt Index ETF during the first quarter worth approximately $117,000. Financial Partners Group Inc boosted its holdings in Franklin International Core Dividend Tilt Index ETF by 2.9% during the first quarter. Financial Partners Group Inc now owns 241,477 shares of the company’s stock worth $6,942,000 after buying an additional 6,849 shares in the last quarter. Finally, Franklin Resources Inc. bought a new stake in Franklin International Core Dividend Tilt Index ETF during the fourth quarter worth approximately $184,000.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Franklin International Core Dividend Tilt Index ETF stock opened at $28.73 on Tuesday. The company has a 50 day moving average price of $29.15 and a 200 day moving average price of $29.01. Franklin International Core Dividend Tilt Index ETF has a 52 week low of $21.85 and a 52 week high of $30.61. The firm has a market capitalization of $413.71 million, a price-to-earnings ratio of 10.89 and a beta of 0.66.

About Franklin International Core Dividend Tilt Index ETF

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.