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

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) saw unusually-high trading volume on Wednesday . Approximately 48,279 shares traded hands during mid-day trading, a decline of 31% from the previous session’s volume of 70,235 shares.The stock last traded at $39.69 and had previously closed at $40.03.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Down 1.0 %

The company has a 50 day moving average of $39.29 and a 200 day moving average of $39.83. The stock has a market capitalization of $521.27 million, a price-to-earnings ratio of 19.70 and a beta of 0.76.

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

The business also recently disclosed a dividend, which was paid on Tuesday, February 11th. Stockholders of record on Thursday, February 6th were issued a dividend of $0.0646 per share. The ex-dividend date of this dividend was Thursday, February 6th.

Institutional Trading of Franklin U.S. Low Volatility High Dividend Index ETF

Institutional investors have recently made changes to their positions in the stock. Arkadios Wealth Advisors boosted its holdings in Franklin U.S. Low Volatility High Dividend Index ETF by 11.4% in the fourth quarter. Arkadios Wealth Advisors now owns 10,471 shares of the company’s stock valued at $402,000 after acquiring an additional 1,073 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Franklin U.S. Low Volatility High Dividend Index ETF by 5.7% in the fourth quarter. Ameriprise Financial Inc. now owns 21,608 shares of the company’s stock valued at $829,000 after buying an additional 1,165 shares during the period. JPMorgan Chase & Co. lifted its position in Franklin U.S. Low Volatility High Dividend Index ETF by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 60,573 shares of the company’s stock valued at $2,467,000 after buying an additional 4,780 shares in the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in Franklin U.S. Low Volatility High Dividend Index ETF during the fourth quarter worth approximately $998,000.

Franklin U.S. Low Volatility High Dividend Index ETF Company Profile

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.