Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Sees Large Volume Increase – What’s Next?

Posted by Tech Dows on Jan 9th, 2025

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Get Free Report) shares saw strong trading volume on Tuesday . 174,128 shares changed hands during trading, an increase of 199% from the previous session’s volume of 58,243 shares.The stock last traded at $38.03 and had previously closed at $37.93.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 0.3 %

The stock has a market capitalization of $528.34 million, a price-to-earnings ratio of 16.41 and a beta of 0.76. The company has a fifty day moving average of $39.69 and a two-hundred day moving average of $39.18.

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

The company also recently announced a dividend, which was paid on Monday, January 6th. Stockholders of record on Tuesday, December 31st were issued a $0.3456 dividend. The ex-dividend date 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 boosted its position in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Free Report) by 23.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,398 shares of the company’s stock after purchasing an additional 1,802 shares during the quarter. 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 reporting period.

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

(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.