9,945 Shares in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) Bought by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. bought a new stake in shares of Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,945 shares of the company’s stock, valued at approximately $435,000. Avantax Advisory Services Inc. owned approximately 0.86% of Franklin U.S. Core Dividend Tilt Index ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of UDIV. Citadel Advisors LLC purchased a new position in shares of Franklin U.S. Core Dividend Tilt Index ETF during the 4th quarter valued at about $1,175,000. Franklin Resources Inc. lifted its holdings in Franklin U.S. Core Dividend Tilt Index ETF by 6.7% during the fourth quarter. Franklin Resources Inc. now owns 16,906 shares of the company’s stock valued at $768,000 after purchasing an additional 1,062 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Franklin U.S. Core Dividend Tilt Index ETF by 14.1% in the fourth quarter. JPMorgan Chase & Co. now owns 16,463 shares of the company’s stock worth $747,000 after purchasing an additional 2,038 shares during the period. LPL Financial LLC increased its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 1.3% in the fourth quarter. LPL Financial LLC now owns 85,368 shares of the company’s stock worth $3,876,000 after purchasing an additional 1,070 shares in the last quarter. Finally, Susquehanna International Group LLP increased its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 56.8% in the fourth quarter. Susquehanna International Group LLP now owns 49,379 shares of the company’s stock worth $2,242,000 after purchasing an additional 17,889 shares in the last quarter.

Franklin U.S. Core Dividend Tilt Index ETF Stock Performance

Shares of Franklin U.S. Core Dividend Tilt Index ETF stock opened at $49.48 on Thursday. Franklin U.S. Core Dividend Tilt Index ETF has a fifty-two week low of $38.11 and a fifty-two week high of $50.01. The company has a market capitalization of $64.32 million, a P/E ratio of 24.12 and a beta of 0.83. The company has a fifty day moving average of $48.04 and a 200 day moving average of $45.73.

Franklin U.S. Core Dividend Tilt Index ETF Profile

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.