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

Shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) saw unusually-strong trading volume on Wednesday . Approximately 150,538 shares traded hands during trading, an increase of 46% from the previous session’s volume of 103,248 shares.The stock last traded at $40.49 and had previously closed at $40.54.

Franklin U.S. Low Volatility High Dividend Index ETF Trading Up 0.1 %

The business has a 50-day moving average of $38.86 and a two-hundred day moving average of $36.97. The firm has a market cap of $634.44 million, a P/E ratio of 16.41 and a beta of 0.76.

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

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Thursday, August 8th were paid a $0.377 dividend. This represents a $1.51 dividend on an annualized basis and a dividend yield of 3.73%. The ex-dividend date of this dividend was Thursday, August 8th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Franklin U.S. Low Volatility High Dividend Index ETF stock. Vima LLC acquired a new stake in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 929 shares of the company’s stock, valued at approximately $34,000.

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

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.