Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) Short Interest Update

by · The Markets Daily

Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV – Get Free Report) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 19,945 shares, a drop of 34.8% from the May 14th total of 30,585 shares. Based on an average daily trading volume, of 27,776 shares, the short-interest ratio is currently 0.7 days. Approximately 0.9% of the company’s stock are sold short.

Institutional Trading of Franklin U.S. Core Dividend Tilt Index ETF

Institutional investors have recently bought and sold shares of the company. CreativeOne Wealth LLC increased its stake in Franklin U.S. Core Dividend Tilt Index ETF by 10.8% during the 4th quarter. CreativeOne Wealth LLC now owns 510,565 shares of the company’s stock valued at $27,136,000 after purchasing an additional 49,864 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 2,715.8% in the fourth quarter. Franklin Resources Inc. now owns 450,972 shares of the company’s stock worth $23,969,000 after buying an additional 434,956 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Franklin U.S. Core Dividend Tilt Index ETF by 47.6% during the fourth quarter. LPL Financial LLC now owns 251,636 shares of the company’s stock valued at $13,374,000 after buying an additional 81,133 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Franklin U.S. Core Dividend Tilt Index ETF by 40.2% during the third quarter. Raymond James Financial Inc. now owns 73,530 shares of the company’s stock valued at $3,852,000 after acquiring an additional 21,097 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its position in shares of Franklin U.S. Core Dividend Tilt Index ETF by 3.5% during the first quarter. Arkadios Wealth Advisors now owns 59,522 shares of the company’s stock valued at $3,072,000 after acquiring an additional 2,026 shares in the last quarter.

Franklin U.S. Core Dividend Tilt Index ETF Trading Down 0.0%

Franklin U.S. Core Dividend Tilt Index ETF stock traded down $0.01 during mid-day trading on Wednesday, hitting $60.57. The company had a trading volume of 275 shares, compared to its average volume of 14,261. Franklin U.S. Core Dividend Tilt Index ETF has a 12 month low of $46.34 and a 12 month high of $68.06. The company has a market capitalization of $127.20 million, a PE ratio of 24.12 and a beta of 0.89. The stock’s 50 day moving average price is $58.11 and its two-hundred day moving average price is $55.12.

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

(Get Free Report)

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.

Read More