Jane Street Group LLC Reduces Position in Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV)

Jane Street Group LLC lessened its holdings in shares of Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) by 8.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,089 shares of the company’s stock after selling 463 shares during the quarter. Jane Street Group LLC’s holdings in Franklin U.S. Core Dividend Tilt Index ETF were worth $227,000 at the end of the most recent quarter.

Separately, CreativeOne Wealth LLC boosted 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 valued at $8,930,000 after buying an additional 110,060 shares during the period.

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

Shares of NYSEARCA:UDIV opened at $44.99 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 business has a 50 day simple moving average of $46.22 and a two-hundred day simple moving average of $44.47. The firm has a market capitalization of $67.49 million, a PE ratio of 22.65 and a beta of 1.01.

About Franklin U.S. Core Dividend Tilt Index ETF

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.