Cornerstone Wealth Management LLC Buys 2,535 Shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Cornerstone Wealth Management LLC increased its stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 12.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,579 shares of the company’s stock after acquiring an additional 2,535 shares during the quarter. Cornerstone Wealth Management LLC owned about 0.10% of Franklin International Core Dividend Tilt Index ETF worth $708,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. FMR LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 524.0% in the third quarter. FMR LLC now owns 7,220 shares of the company’s stock valued at $239,000 after purchasing an additional 6,063 shares in the last quarter. Benjamin Edwards Inc. purchased a new position in shares of Franklin International Core Dividend Tilt Index ETF in the 3rd quarter worth $317,000. JPMorgan Chase & Co. grew its stake in shares of Franklin International Core Dividend Tilt Index ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,827 shares of the company’s stock worth $326,000 after buying an additional 437 shares in the last quarter. Savvy Advisors Inc. increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 7.5% in the 3rd quarter. Savvy Advisors Inc. now owns 9,858 shares of the company’s stock worth $327,000 after buying an additional 691 shares during the last quarter. Finally, HBW Advisory Services LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the 3rd quarter valued at about $350,000.

Franklin International Core Dividend Tilt Index ETF Trading Up 0.5 %

DIVI opened at $31.44 on Friday. Franklin International Core Dividend Tilt Index ETF has a 12 month low of $29.51 and a 12 month high of $33.74. The firm has a market cap of $779.71 million, a P/E ratio of 13.10 and a beta of 0.80. The stock has a 50-day moving average of $30.61 and a 200 day moving average of $31.58.

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.