Mill Creek Capital Advisors LLC Sells 1,873 Shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD)

Posted by Doug Wharley on Nov 17th, 2024

Mill Creek Capital Advisors LLC decreased its holdings in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Free Report) by 6.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,788 shares of the company’s stock after selling 1,873 shares during the quarter. Mill Creek Capital Advisors LLC owned approximately 0.19% of Franklin U.S. Low Volatility High Dividend Index ETF worth $1,091,000 at the end of the most recent reporting period.

Separately, Arkadios Wealth Advisors increased its stake in shares of Franklin U.S. Low Volatility High Dividend Index ETF by 23.7% in the third quarter. Arkadios Wealth Advisors now owns 9,398 shares of the company’s stock valued at $383,000 after buying an additional 1,802 shares during the period.

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

Franklin U.S. Low Volatility High Dividend Index ETF stock opened at $39.86 on Friday. The stock’s 50 day moving average is $40.35 and its 200 day moving average is $38.25. Franklin U.S. Low Volatility High Dividend Index ETF has a one year low of $34.13 and a one year high of $41.29. The firm has a market cap of $575.98 million, a P/E ratio of 16.41 and a beta of 0.76.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Thursday, November 7th were given a $0.3701 dividend. The ex-dividend date was Thursday, November 7th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.71%.

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

(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.