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

Posted by Scott Moore on Jan 7th, 2025

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 174,128 shares traded hands during mid-day 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 Price Performance

The company has a market capitalization of $525.98 million, a PE ratio of 16.41 and a beta of 0.76. The company’s 50 day simple moving average is $39.76 and its 200 day simple moving average is $39.17.

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

The business also recently declared a dividend, which was paid on Monday, January 6th. Investors of record on Tuesday, December 31st were given a $0.3456 dividend. The ex-dividend date was Tuesday, December 31st.

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

A hedge fund recently raised its stake in Franklin U.S. Low Volatility High Dividend Index ETF stock. JPMorgan Chase & Co. increased its position in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Free Report) by 8.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 60,573 shares of the company’s stock after buying an additional 4,780 shares during the quarter. JPMorgan Chase & Co. owned about 0.42% of Franklin U.S. Low Volatility High Dividend Index ETF worth $2,467,000 as of its most recent SEC filing.

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.