Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) Position Reduced by Goldstein Advisors LLC

Goldstein Advisors LLC cut its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 94.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,791 shares of the company’s stock after selling 433,554 shares during the quarter. Goldstein Advisors LLC owned 0.11% of Franklin International Core Dividend Tilt Index ETF worth $922,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DIVI. Envestnet Portfolio Solutions Inc. purchased a new stake in Franklin International Core Dividend Tilt Index ETF during the second quarter valued at about $267,000. HBW Advisory Services LLC purchased a new stake in Franklin International Core Dividend Tilt Index ETF during the third quarter valued at about $350,000. Silverlake Wealth Management LLC lifted its position in shares of Franklin International Core Dividend Tilt Index ETF by 12.2% in the third quarter. Silverlake Wealth Management LLC now owns 10,559 shares of the company’s stock worth $350,000 after purchasing an additional 1,148 shares in the last quarter. MONECO Advisors LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the second quarter worth approximately $352,000. Finally, Blackston Financial Advisory Group LLC purchased a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter worth approximately $380,000.

Franklin International Core Dividend Tilt Index ETF Price Performance

NYSEARCA DIVI opened at $31.67 on Friday. The company has a 50 day simple moving average of $32.62 and a 200-day simple moving average of $32.13. The firm has a market capitalization of $785.42 million, a price-to-earnings ratio of 13.10 and a beta of 0.80. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $26.60 and a 52-week high of $33.74.

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.