Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Sees Unusually-High Trading Volume – Still a Buy?

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHDGet Free Report) shares saw strong trading volume on Monday . 217,217 shares traded hands during trading, an increase of 101% from the previous session’s volume of 108,121 shares.The stock last traded at $37.73 and had previously closed at $37.44.

Franklin U.S. Low Volatility High Dividend Index ETF Trading Up 0.5 %

The firm’s 50-day moving average is $39.53 and its two-hundred day moving average is $39.26. The stock has a market cap of $524.57 million, a price-to-earnings ratio of 16.41 and a beta of 0.76.

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

The business also recently declared a dividend, which was paid on Monday, January 6th. Investors of record on Tuesday, December 31st were given a dividend of $0.3456 per share. The ex-dividend date of this dividend was Tuesday, December 31st.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Franklin U.S. Low Volatility High Dividend Index ETF stock. Arkadios Wealth Advisors raised its holdings in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHDFree Report) by 11.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,471 shares of the company’s stock after acquiring an additional 1,073 shares during the period. Arkadios Wealth Advisors owned approximately 0.08% of Franklin U.S. Low Volatility High Dividend Index ETF worth $402,000 at the end of the most recent quarter.

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.

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