Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Stock Price Down 0.3%

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHDGet Free Report) shares were down 0.3% on Monday . The stock traded as low as $35.92 and last traded at $36.10. Approximately 72,715 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 132,055 shares. The stock had previously closed at $36.22.

Franklin U.S. Low Volatility High Dividend Index ETF Trading Down 0.3 %

The company’s fifty day moving average price is $36.12 and its two-hundred day moving average price is $35.81. The firm has a market cap of $602.87 million, a P/E ratio of 16.41 and a beta of 0.76.

Franklin U.S. Low Volatility High Dividend Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Friday, May 3rd were issued a dividend of $0.394 per share. The ex-dividend date of this dividend was Thursday, May 2nd. This represents a $1.58 dividend on an annualized basis and a yield of 4.37%. This is a positive change from Franklin U.S. Low Volatility High Dividend Index ETF’s previous quarterly dividend of $0.14.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Vima LLC acquired a new position in Franklin U.S. Low Volatility High Dividend Index ETF during the 4th quarter valued at about $34,000. S. R. Schill & Associates acquired a new position in Franklin U.S. Low Volatility High Dividend Index ETF during the 4th quarter valued at about $205,000. Finally, Arden Trust Co lifted its position in Franklin U.S. Low Volatility High Dividend Index ETF by 2.0% during the 4th quarter. Arden Trust Co now owns 112,940 shares of the company’s stock valued at $4,105,000 after purchasing an additional 2,246 shares during the period.

Franklin U.S. Low Volatility High Dividend Index ETF Company Profile

(Get Free Report)

The Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) is an exchange-traded fund that is based on the QS Low Volatility High Dividend index. The fund tracks an index of roughly 50-100 US stocks selected from across the market cap spectrum. Stocks are selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility.

Featured Stories

Receive News & Ratings for Franklin U.S. Low Volatility High Dividend Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin U.S. Low Volatility High Dividend Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.