Joseph Group Capital Management Purchases New Stake in Franklin International Core Dividend Tilt Index ETF $DIVI

Joseph Group Capital Management acquired a new position in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 159,618 shares of the company’s stock, valued at approximately $6,208,000. Franklin International Core Dividend Tilt Index ETF accounts for approximately 1.6% of Joseph Group Capital Management’s investment portfolio, making the stock its 20th biggest position. Joseph Group Capital Management owned approximately 0.30% of Franklin International Core Dividend Tilt Index ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 138.4% in the 2nd quarter. Bank of America Corp DE now owns 1,519,906 shares of the company’s stock valued at $54,169,000 after purchasing an additional 882,367 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 1,272.1% in the third quarter. Franklin Resources Inc. now owns 562,076 shares of the company’s stock valued at $20,971,000 after buying an additional 521,110 shares during the period. Orion Porfolio Solutions LLC boosted its stake in Franklin International Core Dividend Tilt Index ETF by 801.0% in the second quarter. Orion Porfolio Solutions LLC now owns 413,451 shares of the company’s stock valued at $14,735,000 after acquiring an additional 367,565 shares during the last quarter. Retirement Planning Group LLC boosted its stake in Franklin International Core Dividend Tilt Index ETF by 6.9% in the third quarter. Retirement Planning Group LLC now owns 4,784,732 shares of the company’s stock valued at $178,518,000 after acquiring an additional 308,899 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Franklin International Core Dividend Tilt Index ETF by 35.1% during the 2nd quarter. Raymond James Financial Inc. now owns 752,548 shares of the company’s stock worth $26,821,000 after acquiring an additional 195,552 shares during the period.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of Franklin International Core Dividend Tilt Index ETF stock opened at $41.21 on Thursday. The firm has a fifty day moving average of $41.01 and a two-hundred day moving average of $39.88. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 14.82 and a beta of 0.69. Franklin International Core Dividend Tilt Index ETF has a 52 week low of $33.39 and a 52 week high of $43.21.

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.