Franklin FTSE Australia ETF (NYSEARCA:FLAU) Shares Down 0.7%

Franklin FTSE Australia ETF (NYSEARCA:FLAU) dropped 0.7% during mid-day trading on Wednesday . The stock traded as low as $25.58 and last traded at $25.58, approximately 100 shares traded hands during mid-day trading. A decline of 97% from the average daily volume of 3,944 shares. The stock had previously closed at $25.77.

The firm’s 50-day simple moving average is $25.94 and its 200-day simple moving average is $25.46.

The business also recently declared a semi-annual dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th will be given a $0.4495 dividend. The ex-dividend date is Wednesday, December 11th. This represents a yield of 4.6%.

A hedge fund recently bought a new stake in Franklin FTSE Australia ETF stock. KCS Wealth Advisory purchased a new position in Franklin FTSE Australia ETF (NYSEARCA:FLAU) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,525 shares of the company’s stock, valued at approximately $166,000. KCS Wealth Advisory owned about 1.45% of Franklin FTSE Australia ETF at the end of the most recent reporting period.

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