Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Reaches New 1-Year High – Still a Buy?

Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI)’s stock price reached a new 52-week high on Monday . The stock traded as high as $43.94 and last traded at $43.83, with a volume of 14710 shares changing hands. The stock had previously closed at $43.43.

Franklin International Core Dividend Tilt Index ETF Stock Up 0.3%

The firm has a market cap of $2.53 billion, a P/E ratio of 14.82 and a beta of 0.68. The firm’s fifty day moving average is $42.49 and its two-hundred day moving average is $41.02.

Institutional Trading of Franklin International Core Dividend Tilt Index ETF

A number of hedge funds have recently modified their holdings of the business. Retirement Planning Group LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 14.0% during the 1st quarter. Retirement Planning Group LLC now owns 5,659,717 shares of the company’s stock valued at $225,313,000 after buying an additional 695,595 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 5.4% during the 4th quarter. LPL Financial LLC now owns 4,659,366 shares of the company’s stock valued at $181,203,000 after buying an additional 240,799 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 14.1% during the 1st quarter. Bank of America Corp DE now owns 2,157,120 shares of the company’s stock valued at $85,875,000 after buying an additional 266,110 shares in the last quarter. Capital Analysts LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 1.7% during the 4th quarter. Capital Analysts LLC now owns 1,436,571 shares of the company’s stock valued at $55,868,000 after buying an additional 23,804 shares in the last quarter. Finally, CWM LLC boosted its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 14.2% during the 4th quarter. CWM LLC now owns 1,244,471 shares of the company’s stock valued at $48,397,000 after buying an additional 154,297 shares in the last quarter.

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.