Franklin U.S. Low Volatility High Dividend Index ETF $LVHD Shares Sold by Nvwm LLC

Nvwm LLC lowered its stake in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 95.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 686 shares of the company’s stock after selling 15,018 shares during the period. Nvwm LLC’s holdings in Franklin U.S. Low Volatility High Dividend Index ETF were worth $27,000 at the end of the most recent quarter.

Separately, Farther Finance Advisors LLC lifted its stake in Franklin U.S. Low Volatility High Dividend Index ETF by 4,010.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,892 shares of the company’s stock worth $450,000 after acquiring an additional 10,627 shares in the last quarter.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Performance

Shares of NASDAQ LVHD opened at $42.72 on Monday. Franklin U.S. Low Volatility High Dividend Index ETF has a 12-month low of $36.67 and a 12-month high of $44.76. The business’s fifty day simple moving average is $43.15 and its 200-day simple moving average is $41.48. The stock has a market cap of $610.90 million, a P/E ratio of 16.71 and a beta of 0.68.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Thursday, February 5th were given a dividend of $0.0845 per share. The ex-dividend date was Thursday, February 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.8%.

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

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. LVHD was launched on Dec 29, 2015 and is managed by Franklin Templeton.