Baron Wealth Management LLC Grows Holdings in Franklin International Core Dividend Tilt Index ETF $DIVI

Baron Wealth Management LLC boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 2.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 726,946 shares of the company’s stock after buying an additional 19,931 shares during the period. Franklin International Core Dividend Tilt Index ETF makes up approximately 8.7% of Baron Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Baron Wealth Management LLC owned approximately 1.37% of Franklin International Core Dividend Tilt Index ETF worth $28,271,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted its holdings in shares of 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 worth $25,000 after acquiring an additional 576 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in Franklin International Core Dividend Tilt Index ETF in the 3rd quarter worth about $29,000. Fifth Third Bancorp purchased a new stake in Franklin International Core Dividend Tilt Index ETF in the 3rd quarter worth about $32,000. Mather Group LLC. bought a new stake in Franklin International Core Dividend Tilt Index ETF in the third quarter worth about $64,000. Finally, Root Financial Partners LLC bought a new stake in Franklin International Core Dividend Tilt Index ETF in the third quarter worth about $117,000.

Franklin International Core Dividend Tilt Index ETF Price Performance

Shares of NYSEARCA:DIVI opened at $38.56 on Friday. The firm has a market capitalization of $2.09 billion, a PE ratio of 14.82 and a beta of 0.71. The business has a 50 day simple moving average of $41.07 and a two-hundred day simple moving average of $39.23. Franklin International Core Dividend Tilt Index ETF has a 1 year low of $28.70 and a 1 year high of $43.21.

Franklin International Core Dividend Tilt Index ETF 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.