Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Sets New 1-Year High – Still a Buy?

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) reached a new 52-week high during trading on Wednesday . The company traded as high as $41.40 and last traded at $41.40, with a volume of 6422 shares trading hands. The stock had previously closed at $41.16.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 0.5 %

The firm has a 50 day moving average price of $40.39 and a two-hundred day moving average price of $38.48. The company has a market cap of $597.51 million, a price-to-earnings ratio of 16.41 and a beta of 0.76.

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

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Thursday, November 7th were issued a dividend of $0.3701 per share. The ex-dividend date was Thursday, November 7th. This represents a $1.48 dividend on an annualized basis and a yield of 3.58%.

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. Lynx Investment Advisory acquired a new stake in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,680 shares of the company’s stock, valued at approximately $96,000.

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

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.