Baron Wealth Management LLC Acquires 12,704 Shares of Franklin International Core Dividend Tilt Index ETF $DIVI

Baron Wealth Management LLC increased its holdings in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 1.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 739,650 shares of the company’s stock after acquiring an additional 12,704 shares during the period. Franklin International Core Dividend Tilt Index ETF comprises approximately 8.8% of Baron Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Baron Wealth Management LLC’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $29,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sunbelt Securities Inc. raised its position in Franklin International Core Dividend Tilt Index ETF by 677.6% in the 3rd quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock valued at $25,000 after purchasing an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the third quarter worth $29,000. Fifth Third Bancorp bought a new stake in shares of Franklin International Core Dividend Tilt Index ETF during the third quarter worth $32,000. Assetmark Inc. increased its stake in shares of Franklin International Core Dividend Tilt Index ETF by 950.0% in the fourth quarter. Assetmark Inc. now owns 945 shares of the company’s stock valued at $37,000 after buying an additional 855 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of Franklin International Core Dividend Tilt Index ETF by 30.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,082 shares of the company’s stock valued at $42,000 after buying an additional 250 shares in the last quarter.

Franklin International Core Dividend Tilt Index ETF Price Performance

Franklin International Core Dividend Tilt Index ETF stock opened at $43.73 on Friday. The stock has a 50-day simple moving average of $42.66 and a 200 day simple moving average of $41.12. Franklin International Core Dividend Tilt Index ETF has a 12-month low of $34.03 and a 12-month high of $44.18. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 14.82 and a beta of 0.68.

Franklin International Core Dividend Tilt Index ETF Company Profile

The fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the Morningstar® Developed Markets ex-North America Target Market Exposure 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.