Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Sees Strong Trading Volume – Here’s Why

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) shares saw unusually-strong trading volume on Monday . Approximately 318,640 shares were traded during mid-day trading, an increase of 72% from the previous session’s volume of 185,573 shares.The stock last traded at $33.35 and had previously closed at $33.33.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.0 %

The firm has a market cap of $1.24 billion, a P/E ratio of 15.58 and a beta of 0.71. The firm has a fifty day moving average of $32.29 and a 200-day moving average of $31.73.

Hedge Funds Weigh In On Franklin International Core Dividend Tilt Index ETF

A number of institutional investors have recently bought and sold shares of DIVI. Retirement Planning Group LLC increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 15.9% during the 4th quarter. Retirement Planning Group LLC now owns 1,737,909 shares of the company’s stock worth $52,155,000 after acquiring an additional 238,055 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 5.2% during the 4th quarter. NewEdge Advisors LLC now owns 844,722 shares of the company’s stock worth $25,350,000 after buying an additional 41,596 shares during the period. Mariner LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 95.9% during the 4th quarter. Mariner LLC now owns 729,761 shares of the company’s stock worth $21,900,000 after buying an additional 357,314 shares during the period. Legacy Financial Advisors Inc. grew its stake in Franklin International Core Dividend Tilt Index ETF by 11.8% in the 4th quarter. Legacy Financial Advisors Inc. now owns 673,433 shares of the company’s stock valued at $20,210,000 after buying an additional 71,013 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in Franklin International Core Dividend Tilt Index ETF by 20.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 550,250 shares of the company’s stock valued at $16,827,000 after acquiring an additional 94,142 shares during the period.

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.