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

Shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) saw unusually-strong trading volume on Monday . Approximately 217,217 shares traded hands during mid-day 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 Stock Performance

The stock has a market cap of $523.67 million, a PE ratio of 16.41 and a beta of 0.76. The stock has a fifty day moving average price of $39.60 and a 200 day moving average price of $39.23.

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

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

Institutional Investors Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF

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 shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 23.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,398 shares of the company’s stock after buying an additional 1,802 shares during the period. Arkadios Wealth Advisors owned about 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

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.