Franklin International Core Dividend Tilt Index ETF $DIVI is Baron Wealth Management LLC’s 3rd Largest Position

Baron Wealth Management LLC lifted its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 4.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 707,015 shares of the company’s stock after purchasing an additional 28,311 shares during the period. Franklin International Core Dividend Tilt Index ETF accounts for about 8.7% of Baron Wealth Management LLC’s holdings, making the stock its 3rd biggest position. Baron Wealth Management LLC owned approximately 1.41% of Franklin International Core Dividend Tilt Index ETF worth $26,379,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DIVI. Stratos Wealth Partners LTD. increased its stake in Franklin International Core Dividend Tilt Index ETF by 5.3% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 7,488 shares of the company’s stock valued at $267,000 after buying an additional 377 shares during the last quarter. Bank of Montreal Can grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% in the second quarter. Bank of Montreal Can now owns 6,773 shares of the company’s stock valued at $241,000 after acquiring an additional 438 shares in the last quarter. Burns Matteson Capital Management LLC grew its holdings in shares of Franklin International Core Dividend Tilt Index ETF by 6.9% in the third quarter. Burns Matteson Capital Management LLC now owns 8,659 shares of the company’s stock valued at $323,000 after acquiring an additional 559 shares in the last quarter. Private Trust Co. NA increased its position in shares of Franklin International Core Dividend Tilt Index ETF by 9.4% during the third quarter. Private Trust Co. NA now owns 8,673 shares of the company’s stock valued at $324,000 after acquiring an additional 747 shares during the last quarter. Finally, Mutual Advisors LLC lifted its holdings in Franklin International Core Dividend Tilt Index ETF by 0.8% during the second quarter. Mutual Advisors LLC now owns 106,332 shares of the company’s stock worth $3,859,000 after acquiring an additional 872 shares during the period.

Franklin International Core Dividend Tilt Index ETF Trading Down 0.4%

DIVI stock opened at $38.99 on Tuesday. The stock has a market cap of $1.97 billion, a P/E ratio of 14.82 and a beta of 0.71. The stock’s fifty day simple moving average is $38.31 and its two-hundred day simple moving average is $37.09. Franklin International Core Dividend Tilt Index ETF has a 1-year low of $28.70 and a 1-year high of $39.36.

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.