Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD – Get Free Report) shares saw unusually-strong trading volume on Thursday following a dividend announcement from the company. Approximately 100,385 shares traded hands during trading, an increase of 77% from the previous session’s volume of 56,798 shares.The stock last traded at $43.1190 and had previously closed at $42.91.
The newly announced dividend which will be paid on Tuesday, February 10th. Stockholders of record on Thursday, February 5th will be given a dividend of $0.0845 per share. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.8%.
Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 0.6%
The firm has a market cap of $614.72 million, a PE ratio of 16.71 and a beta of 0.68. The business has a 50-day moving average price of $40.81 and a two-hundred day moving average price of $40.78.
Hedge Funds Weigh In On Franklin U.S. Low Volatility High Dividend Index ETF
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. LVHD was launched on Dec 29, 2015 and is managed by Franklin Templeton.
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