69,019 Shares in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) Purchased by Arkadios Wealth Advisors

Arkadios Wealth Advisors purchased a new stake in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 69,019 shares of the company’s stock, valued at approximately $3,134,000.

Several other large investors also recently made changes to their positions in the business. Harbour Investments Inc. lifted its position in shares of Franklin U.S. Core Dividend Tilt Index ETF by 58.1% during the 3rd quarter. Harbour Investments Inc. now owns 8,033 shares of the company’s stock valued at $359,000 after acquiring an additional 2,953 shares during the last quarter. CreativeOne Wealth LLC raised its position in shares of Franklin U.S. Core Dividend Tilt Index ETF by 122.3% during the third quarter. CreativeOne Wealth LLC now owns 200,075 shares of the company’s stock worth $8,930,000 after purchasing an additional 110,060 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of Franklin U.S. Core Dividend Tilt Index ETF by 22.5% during the third quarter. Sanctuary Advisors LLC now owns 38,197 shares of the company’s stock valued at $1,773,000 after purchasing an additional 7,011 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Franklin U.S. Core Dividend Tilt Index ETF by 13.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,425 shares of the company’s stock valued at $644,000 after purchasing an additional 1,737 shares during the period.

Franklin U.S. Core Dividend Tilt Index ETF Trading Up 1.0 %

Shares of UDIV opened at $46.41 on Friday. Franklin U.S. Core Dividend Tilt Index ETF has a 1-year low of $36.01 and a 1-year high of $47.25. The stock has a market capitalization of $69.62 million, a P/E ratio of 22.65 and a beta of 1.01. The business’s 50-day moving average price is $46.23 and its 200 day moving average price is $44.57.

Franklin U.S. Core Dividend Tilt Index ETF Company 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.