Lane Brothers & Co. Inc. Purchases Shares of 53,027 Franklin International Core Dividend Tilt Index ETF $DIVI

Lane Brothers & Co. Inc. acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 53,027 shares of the company’s stock, valued at approximately $2,062,000. Franklin International Core Dividend Tilt Index ETF makes up approximately 1.5% of Lane Brothers & Co. Inc.’s investment portfolio, making the stock its 15th biggest position. Lane Brothers & Co. Inc. owned approximately 0.10% of Franklin International Core Dividend Tilt Index ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Sunbelt Securities Inc. grew its position in shares of Franklin International Core Dividend Tilt Index ETF by 677.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock valued at $25,000 after buying an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in Franklin International Core Dividend Tilt Index ETF in the third quarter valued at $29,000. Fifth Third Bancorp purchased a new stake in Franklin International Core Dividend Tilt Index ETF in the third quarter valued at $32,000. Assetmark Inc. boosted its stake in Franklin International Core Dividend Tilt Index ETF by 950.0% in the fourth quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $37,000 after acquiring an additional 855 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its stake in Franklin International Core Dividend Tilt Index ETF by 30.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock valued at $42,000 after acquiring an additional 250 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

Shares of DIVI stock opened at $43.73 on Friday. The stock’s 50-day moving average is $42.66 and its two-hundred day moving average is $41.12. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $34.03 and a 1 year high of $44.18.

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.