Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Sees Unusually-High Trading Volume – Still a Buy?

Posted by Trina Covell on Jan 15th, 2025

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Get Free Report) saw an uptick in trading volume on Monday . 217,217 shares changed 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 Price Performance

The stock has a market cap of $524.57 million, a PE ratio of 16.41 and a beta of 0.76. The business has a fifty day moving average of $39.53 and a 200-day moving average of $39.26.

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

The company also recently declared a dividend, which was paid on Monday, January 6th. Investors of record on Tuesday, December 31st were issued a $0.3456 dividend. The ex-dividend date of this dividend 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 holdings in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Free Report) by 8.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,573 shares of the company’s stock after buying an additional 4,780 shares during the period. 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 filing with the Securities & Exchange Commission.

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.