13,886 Shares in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Purchased by Independent Advisor Alliance

Independent Advisor Alliance purchased a new position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,886 shares of the company’s stock, valued at approximately $417,000. Independent Advisor Alliance owned approximately 0.06% of Franklin International Core Dividend Tilt Index ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. LPL Financial LLC raised its stake in 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 worth $130,424,000 after buying an additional 255,340 shares in the last quarter. Sanctuary Advisors LLC raised its stake in Franklin International Core Dividend Tilt Index ETF by 20.6% in the third quarter. Sanctuary Advisors LLC now owns 550,250 shares of the company’s stock worth $16,827,000 after buying an additional 94,142 shares in the last quarter. Raymond James Financial Inc. bought a new position in Franklin International Core Dividend Tilt Index ETF in the fourth quarter worth about $13,692,000. Kestra Private Wealth Services LLC raised its stake in Franklin International Core Dividend Tilt Index ETF by 5.3% in the fourth quarter. Kestra Private Wealth Services LLC now owns 385,665 shares of the company’s stock worth $11,574,000 after buying an additional 19,485 shares in the last quarter. Finally, Flagship Harbor Advisors LLC increased its stake in shares of Franklin International Core Dividend Tilt Index ETF by 28.2% during the fourth quarter. Flagship Harbor Advisors LLC now owns 332,853 shares of the company’s stock valued at $9,989,000 after purchasing an additional 73,214 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of NYSEARCA DIVI opened at $33.81 on Tuesday. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $29.51 and a fifty-two week high of $33.84. The company has a 50 day simple moving average of $31.87 and a two-hundred day simple moving average of $31.70. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 15.58 and a beta of 0.71.

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.