Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Sets New 52-Week High at $39.80

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $39.80 and last traded at $39.77, with a volume of 6271 shares traded. The stock had previously closed at $39.57.

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

The firm has a 50 day moving average of $37.46 and a 200 day moving average of $36.42. The firm has a market cap of $621.25 million, a PE 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 declared a quarterly dividend, which was paid on Tuesday, August 13th. Stockholders of record on Thursday, August 8th were given a $0.377 dividend. This represents a $1.51 annualized dividend and a dividend yield of 3.81%. The ex-dividend date of this dividend was Thursday, August 8th.

Hedge Funds Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF

A hedge fund recently bought a new stake in Franklin U.S. Low Volatility High Dividend Index ETF stock. Vima LLC acquired a new stake in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm 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.