Midwest Financial Group LLC Acquires New Holdings in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)

Midwest Financial Group LLC bought a new stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 12,402 shares of the company’s stock, valued at approximately $372,000. Midwest Financial Group LLC owned approximately 0.05% of Franklin International Core Dividend Tilt Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of DIVI. Raymond James & Associates raised its stake in Franklin International Core Dividend Tilt Index ETF by 10.4% during the 3rd quarter. Raymond James & Associates now owns 97,304 shares of the company’s stock worth $3,227,000 after buying an additional 9,177 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 18.3% during the second quarter. Envestnet Asset Management Inc. now owns 169,060 shares of the company’s stock worth $5,285,000 after purchasing an additional 26,205 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 30.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 244,687 shares of the company’s stock valued at $7,649,000 after purchasing an additional 56,788 shares in the last quarter. Cornerstone Wealth Management LLC grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 4.7% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,044 shares of the company’s stock valued at $698,000 after purchasing an additional 949 shares during the period. Finally, NewEdge Advisors LLC increased its stake in Franklin International Core Dividend Tilt Index ETF by 7.5% during the 2nd quarter. NewEdge Advisors LLC now owns 793,809 shares of the company’s stock worth $24,814,000 after purchasing an additional 55,085 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of DIVI opened at $31.46 on Friday. The firm’s 50 day moving average price is $30.59 and its two-hundred day moving average price is $31.58. Franklin International Core Dividend Tilt Index ETF has a twelve month low of $29.51 and a twelve month high of $33.74. The firm has a market cap of $780.08 million, a P/E ratio of 13.10 and a beta of 0.80.

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.