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Investors Koshinski and Meridian boost stakes in high-dividend ETF, which saw a 7% Q1 gain.
Koshinski Asset Management and Meridian Financial LLC have increased their stakes in the Franklin International Core Dividend Tilt Index ETF (DIVI), buying 87,824 and 431 shares, respectively.
This ETF invests in securities from the Morningstar Developed Markets ex-North America Target Market Exposure Index, aiming for a higher dividend yield.
The ETF's value increased by 7% in the first quarter and now has a market cap of $1.55 billion.
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Los inversores Koshinski y Meridian aumentaron sus participaciones en ETF de alto dividendo, que registraron una ganancia del 7% en el primer trimestre.