Northwestern Mutual Wealth Management Co. Has $25.99 Million Stock Holdings in Franklin International Core Dividend Tilt Index ETF $DIVI

Northwestern Mutual Wealth Management Co. grew its position in shares of Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) by 7.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 668,387 shares of the company’s stock after purchasing an additional 48,495 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Franklin International Core Dividend Tilt Index ETF were worth $25,994,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Sunbelt Securities Inc. boosted its stake in shares of Franklin International Core Dividend Tilt Index ETF by 677.6% during the third quarter. Sunbelt Securities Inc. now owns 661 shares of the company’s stock valued at $25,000 after purchasing an additional 576 shares in the last quarter. CIBC Private Wealth Group LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter worth approximately $29,000. Fifth Third Bancorp acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the third quarter worth approximately $32,000. Assetmark Inc. lifted 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 worth $37,000 after acquiring an additional 855 shares during the period. Finally, Farther Finance Advisors LLC acquired a new position in shares of Franklin International Core Dividend Tilt Index ETF in the fourth quarter worth approximately $78,000.

Franklin International Core Dividend Tilt Index ETF Price Performance

Franklin International Core Dividend Tilt Index ETF stock opened at $43.28 on Monday. The stock’s 50 day moving average is $41.62 and its 200 day moving average is $40.59. The firm has a market cap of $2.51 billion, a P/E ratio of 14.82 and a beta of 0.69. Franklin International Core Dividend Tilt Index ETF has a one year low of $34.03 and a one year high of $43.53.

About Franklin International Core Dividend Tilt Index ETF

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.