Continental Investors Services Inc. Purchases New Holdings in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:FLQD)

Continental Investors Services Inc. purchased a new stake in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:FLQD – Get Rating) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,472 shares of the company’s stock, valued at approximately $239,000. Continental Investors Services Inc. owned approximately 0.65% of Franklin U.S. Core Dividend Tilt Index ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. UBS Group AG increased its stake in Franklin U.S. Core Dividend Tilt Index ETF by 15.3% in the 2nd quarter. UBS Group AG now owns 2,285 shares of the company’s stock valued at $73,000 after buying an additional 303 shares during the period. Jane Street Group LLC acquired a new position in shares of Franklin U.S. Core Dividend Tilt Index ETF during the 3rd quarter worth $291,000. Envestnet Asset Management Inc. increased its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 11.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 31,103 shares of the company’s stock worth $988,000 after purchasing an additional 3,231 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of Franklin U.S. Core Dividend Tilt Index ETF during the 1st quarter worth $1,184,000. Finally, Citadel Advisors LLC acquired a new position in shares of Franklin U.S. Core Dividend Tilt Index ETF during the 3rd quarter worth $998,000.

Franklin U.S. Core Dividend Tilt Index ETF Stock Up 2.1 %

Shares of FLQD opened at $31.12 on Friday. The company’s fifty day moving average is $31.69 and its 200-day moving average is $31.07. Franklin U.S. Core Dividend Tilt Index ETF has a 12 month low of $30.92 and a 12 month high of $37.73. The firm has a market cap of $26.45 million, a price-to-earnings ratio of 19.79 and a beta of 0.82.

Franklin U.S. Core Dividend Tilt Index ETF Profile

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Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index. The index is based on the Morningstar® US Target Market Exposure Index (Parent 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.