Stratos Wealth Partners LTD. Sells 225 Shares of Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV)

Stratos Wealth Partners LTD. reduced its stake in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,810 shares of the company’s stock after selling 225 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.32% of Franklin U.S. Core Dividend Tilt Index ETF worth $218,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Total Clarity Wealth Management Inc. boosted its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 12.2% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 6,111 shares of the company’s stock worth $277,000 after purchasing an additional 666 shares during the period. Harbour Investments Inc. boosted its position in Franklin U.S. Core Dividend Tilt Index ETF by 58.1% in the 3rd quarter. Harbour Investments Inc. now owns 8,033 shares of the company’s stock valued at $359,000 after buying an additional 2,953 shares during the period. JPMorgan Chase & Co. boosted its position in 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 buying an additional 1,737 shares during the period. Sanctuary Advisors LLC boosted its position in Franklin U.S. Core Dividend Tilt Index ETF by 22.5% in the 3rd quarter. Sanctuary Advisors LLC now owns 38,197 shares of the company’s stock valued at $1,773,000 after buying an additional 7,011 shares during the period. Finally, Arkadios Wealth Advisors purchased a new stake in Franklin U.S. Core Dividend Tilt Index ETF in the 4th quarter valued at about $3,134,000.

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

Franklin U.S. Core Dividend Tilt Index ETF stock opened at $47.42 on Friday. The stock has a market cap of $71.13 million, a price-to-earnings ratio of 22.65 and a beta of 1.01. Franklin U.S. Core Dividend Tilt Index ETF has a 1 year low of $38.14 and a 1 year high of $47.90. The firm has a 50-day moving average of $46.36 and a two-hundred day moving average of $45.11.

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.