Arkadios Wealth Advisors Raises Holdings in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD)

Arkadios Wealth Advisors increased its holdings in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 23.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 9,398 shares of the company’s stock after acquiring an additional 1,802 shares during the period. Arkadios Wealth Advisors owned approximately 0.07% of Franklin U.S. Low Volatility High Dividend Index ETF worth $383,000 at the end of the most recent quarter.

Separately, Lynx Investment Advisory purchased a new position in Franklin U.S. Low Volatility High Dividend Index ETF in the second quarter worth approximately $96,000.

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

Shares of Franklin U.S. Low Volatility High Dividend Index ETF stock opened at $39.80 on Thursday. The firm has a market capitalization of $575.11 million, a price-to-earnings ratio of 16.41 and a beta of 0.76. Franklin U.S. Low Volatility High Dividend Index ETF has a fifty-two week low of $32.94 and a fifty-two week high of $41.29. The stock has a 50 day moving average of $40.28 and a 200 day moving average of $37.89.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Thursday, August 8th were paid a dividend of $0.377 per share. This represents a $1.51 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date was Thursday, August 8th.

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.