Avantax Planning Partners Inc. Acquires New Holdings in Franklin International Core Dividend Tilt Index ETF $DIVI

Avantax Planning Partners Inc. bought a new stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,335 shares of the company’s stock, valued at approximately $810,000.

Several other hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. raised its stake in Franklin International Core Dividend Tilt Index ETF by 677.6% during the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock worth $25,000 after buying an additional 576 shares during the period. CIBC Private Wealth Group LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter worth about $29,000. Assetmark Inc. raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 950.0% during the fourth quarter. Assetmark Inc. now owns 945 shares of the company’s stock worth $37,000 after purchasing an additional 855 shares during the period. Wells Fargo & Company MN raised its position in shares of Franklin International Core Dividend Tilt Index ETF by 30.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock worth $42,000 after purchasing an additional 250 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 32.1% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,826 shares of the company’s stock valued at $71,000 after purchasing an additional 444 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

NYSEARCA:DIVI opened at $42.86 on Wednesday. The business’s 50-day simple moving average is $42.92 and its 200-day simple moving average is $41.61. Franklin International Core Dividend Tilt Index ETF has a fifty-two week low of $34.72 and a fifty-two week high of $44.18. The stock has a market capitalization of $2.65 billion, a PE ratio of 14.82 and a beta of 0.68.

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.