Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Sets New 52-Week High – Here’s What Happened

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) shares reached a new 52-week high on Monday . The stock traded as high as $33.84 and last traded at $33.81, with a volume of 226176 shares traded. The stock had previously closed at $33.41.

Franklin International Core Dividend Tilt Index ETF Trading Up 1.2 %

The company has a fifty day moving average of $31.80 and a two-hundred day moving average of $31.69. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 15.15 and a beta of 0.71.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of DIVI. Raymond James Financial Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF during the fourth quarter worth approximately $13,692,000. Mariner LLC raised its stake in shares of Franklin International Core Dividend Tilt Index ETF by 95.9% in the fourth quarter. Mariner LLC now owns 729,761 shares of the company’s stock valued at $21,900,000 after purchasing an additional 357,314 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Franklin International Core Dividend Tilt Index ETF by 286.1% in the fourth quarter. Jane Street Group LLC now owns 466,920 shares of the company’s stock valued at $14,012,000 after purchasing an additional 345,996 shares in the last quarter. LPL Financial LLC raised its stake in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% in the third quarter. LPL Financial LLC now owns 3,933,165 shares of the company’s stock valued at $130,424,000 after purchasing an additional 255,340 shares in the last quarter. Finally, BCGM Wealth Management LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the fourth quarter valued at $7,165,000.

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.