Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Short Interest Update

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 61,400 shares, an increase of 1,361.9% from the July 15th total of 4,200 shares. Based on an average trading volume of 59,300 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Franklin U.S. Low Volatility High Dividend Index ETF

Several large investors have recently modified their holdings of LVHD. Vima LLC acquired a new stake in shares of Franklin U.S. Low Volatility High Dividend Index ETF during the fourth quarter worth approximately $34,000. Lynx Investment Advisory bought a new position in Franklin U.S. Low Volatility High Dividend Index ETF during the 2nd quarter valued at $96,000. Finally, S. R. Schill & Associates acquired a new position in Franklin U.S. Low Volatility High Dividend Index ETF during the 4th quarter worth $205,000.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Performance

Shares of NASDAQ:LVHD opened at $38.20 on Wednesday. Franklin U.S. Low Volatility High Dividend Index ETF has a one year low of $32.58 and a one year high of $39.09. The business’s 50-day simple moving average is $36.73 and its 200 day simple moving average is $36.14. The company has a market cap of $599.74 million, a P/E ratio of 16.41 and a beta of 0.76.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Thursday, August 8th were issued a $0.377 dividend. The ex-dividend date of this dividend was Thursday, August 8th. This represents a $1.51 dividend on an annualized basis and a yield of 3.95%.

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.