Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Stock Price Down 0.2% – Here’s Why

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Get Free Report) was down 0.2% during mid-day trading on Tuesday. The stock traded as low as $41.56 and last traded at $41.72. 27,857 shares changed hands during trading, a decline of 52% from the average daily volume of 58,605 shares. The stock had previously closed at $41.82.

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

The stock has a fifty day moving average price of $44.03 and a 200-day moving average price of $43.49. The firm has a market cap of $594.51 million, a PE ratio of 16.71 and a beta of 0.57.

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

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Thursday, August 6th were given a dividend of $0.3830 per share. This represents a $1.53 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Thursday, August 6th.

Institutional Investors Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF

A hedge fund recently raised its position in Franklin U.S. Low Volatility High Dividend Index ETF stock. Arkadios Wealth Advisors grew its position in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Free Report) by 166.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,564 shares of the company’s stock after purchasing an additional 20,981 shares during the period. Arkadios Wealth Advisors owned approximately 0.24% of Franklin U.S. Low Volatility High Dividend Index ETF worth $1,428,000 as of its most recent SEC filing.

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

See Also

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.