BAM Wealth Management LLC Buys New Shares in Franklin U.S. Core Dividend Tilt Index ETF $UDIV

BAM Wealth Management LLC purchased a new stake in shares of Franklin U.S. Core Dividend Tilt Index ETF (NYSEARCA:UDIV) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,512 shares of the company’s stock, valued at approximately $760,000. BAM Wealth Management LLC owned 0.73% of Franklin U.S. Core Dividend Tilt Index ETF as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Truist Financial Corp bought a new stake in shares of Franklin U.S. Core Dividend Tilt Index ETF in the 2nd quarter worth approximately $201,000. Integrated Wealth Concepts LLC bought a new position in Franklin U.S. Core Dividend Tilt Index ETF in the first quarter worth $238,000. Total Clarity Wealth Management Inc. boosted its stake in Franklin U.S. Core Dividend Tilt Index ETF by 8.2% during the second quarter. Total Clarity Wealth Management Inc. now owns 6,613 shares of the company’s stock worth $319,000 after buying an additional 502 shares in the last quarter. Atria Investments Inc increased its holdings in Franklin U.S. Core Dividend Tilt Index ETF by 24.7% in the 2nd quarter. Atria Investments Inc now owns 8,978 shares of the company’s stock valued at $433,000 after buying an additional 1,777 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Franklin U.S. Core Dividend Tilt Index ETF by 208.2% in the 2nd quarter. Bank of America Corp DE now owns 9,573 shares of the company’s stock valued at $462,000 after buying an additional 6,467 shares in the last quarter.

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

NYSEARCA:UDIV opened at $53.88 on Friday. The company has a 50-day moving average of $53.27 and a 200-day moving average of $51.89. Franklin U.S. Core Dividend Tilt Index ETF has a 52 week low of $38.11 and a 52 week high of $55.00. The company has a market capitalization of $115.84 million, a price-to-earnings ratio of 24.12 and a beta of 0.89.

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.