Nvwm LLC Makes New $600,000 Investment in Franklin U.S. Low Volatility High Dividend Index ETF $LVHD

Nvwm LLC purchased a new position in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHDFree Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,052 shares of the company’s stock, valued at approximately $600,000.

Separately, Arkadios Wealth Advisors increased its stake in Franklin U.S. Low Volatility High Dividend Index ETF by 39.5% in the first quarter. Arkadios Wealth Advisors now owns 14,603 shares of the company’s stock valued at $598,000 after purchasing an additional 4,132 shares in the last quarter.

Franklin U.S. Low Volatility High Dividend Index ETF Trading Up 1.0%

Shares of Franklin U.S. Low Volatility High Dividend Index ETF stock opened at $39.87 on Friday. The company has a market capitalization of $580.11 million, a PE ratio of 16.71 and a beta of 0.68. The stock’s fifty day simple moving average is $40.85 and its 200 day simple moving average is $40.39. Franklin U.S. Low Volatility High Dividend Index ETF has a 12 month low of $36.67 and a 12 month high of $41.60.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 11th. Stockholders of record on Thursday, November 6th will be given a $0.3438 dividend. This is a boost from Franklin U.S. Low Volatility High Dividend Index ETF’s previous quarterly dividend of $0.33. This represents a $1.38 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, November 6th.

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

(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.

See Also

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Institutional Ownership by Quarter for Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD)

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