Oppenheimer & Co. Inc. Makes New $1.84 Million Investment in Franklin International Core Dividend Tilt Index ETF $DIVI

Oppenheimer & Co. Inc. purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 43,085 shares of the company’s stock, valued at approximately $1,838,000. Oppenheimer & Co. Inc. owned 0.07% of Franklin International Core Dividend Tilt Index ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in Franklin International Core Dividend Tilt Index ETF by 102.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 756,101 shares of the company’s stock worth $32,301,000 after acquiring an additional 382,124 shares in the last quarter. Concurrent Investment Advisors LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the 2nd quarter valued at about $750,000. Bank of New York Mellon Corp lifted its position in shares of Franklin International Core Dividend Tilt Index ETF by 23.2% in the 1st quarter. Bank of New York Mellon Corp now owns 452,005 shares of the company’s stock worth $17,994,000 after purchasing an additional 85,159 shares during the period. Capital Analysts LLC lifted its position in shares of Franklin International Core Dividend Tilt Index ETF by 1.2% in the 2nd quarter. Capital Analysts LLC now owns 1,619,997 shares of the company’s stock worth $69,207,000 after purchasing an additional 19,455 shares during the period. Finally, HBW Advisory Services LLC boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 27.3% during the first quarter. HBW Advisory Services LLC now owns 87,464 shares of the company’s stock valued at $3,482,000 after purchasing an additional 18,757 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Down 0.9%

Shares of DIVI stock opened at $42.37 on Friday. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68. The company’s 50 day moving average is $43.22 and its 200 day moving average is $42.42. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $36.79 and a 52-week high of $44.89.

Franklin International Core Dividend Tilt Index ETF 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.