Thrivent Financial for Lutherans Takes $3.12 Million Position in Franklin International Core Dividend Tilt Index ETF $DIVI

Thrivent Financial for Lutherans purchased a new stake in Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 87,614 shares of the company’s stock, valued at approximately $3,123,000. Thrivent Financial for Lutherans owned approximately 0.19% of Franklin International Core Dividend Tilt Index ETF as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Crewe Advisors LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF during the 2nd quarter worth $57,000. Ameritas Advisory Services LLC acquired a new stake in shares of Franklin International Core Dividend Tilt Index ETF in the 2nd quarter valued at $70,000. Atria Investments Inc bought a new stake in Franklin International Core Dividend Tilt Index ETF in the second quarter worth $220,000. StoneX Group Inc. bought a new position in Franklin International Core Dividend Tilt Index ETF during the second quarter valued at about $238,000. Finally, Bank of Montreal Can raised its holdings in Franklin International Core Dividend Tilt Index ETF by 6.9% during the second quarter. Bank of Montreal Can now owns 6,773 shares of the company’s stock valued at $241,000 after buying an additional 438 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Stock Performance

DIVI opened at $38.60 on Monday. The company has a market cap of $1.95 billion, a PE ratio of 14.82 and a beta of 0.71. The stock has a 50-day moving average of $38.14 and a 200-day moving average of $36.96. Franklin International Core Dividend Tilt Index ETF has a 52-week low of $28.70 and a 52-week high of $39.36.

Franklin International Core Dividend Tilt Index ETF Company 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.