Franklin ClearBridge Enhanced Income ETF Declares Monthly Dividend of $0.32 (NASDAQ:YLDE)

Franklin ClearBridge Enhanced Income ETF (NASDAQ:YLDE) announced a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.3226 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Tuesday, September 1st.

Franklin ClearBridge Enhanced Income ETF Stock Performance

Shares of YLDE opened at $57.71 on Tuesday. Franklin ClearBridge Enhanced Income ETF has a one year low of $49.40 and a one year high of $58.77. The stock has a market capitalization of $170.24 million, a price-to-earnings ratio of 21.02 and a beta of 0.77. The stock has a 50 day moving average price of $56.99 and a 200 day moving average price of $56.01.

Institutional Investors Weigh In On Franklin ClearBridge Enhanced Income ETF

A number of large investors have recently modified their holdings of YLDE. D.A. Davidson & CO. boosted its position in shares of Franklin ClearBridge Enhanced Income ETF by 20.0% during the 4th quarter. D.A. Davidson & CO. now owns 9,198 shares of the company’s stock valued at $498,000 after acquiring an additional 1,530 shares during the last quarter. TD Private Client Wealth LLC grew its position in Franklin ClearBridge Enhanced Income ETF by 7.3% in the fourth quarter. TD Private Client Wealth LLC now owns 12,406 shares of the company’s stock worth $672,000 after acquiring an additional 841 shares during the period. PNC Financial Services Group Inc. increased its stake in Franklin ClearBridge Enhanced Income ETF by 1.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 16,470 shares of the company’s stock worth $892,000 after acquiring an additional 247 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Franklin ClearBridge Enhanced Income ETF by 2.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 9,727 shares of the company’s stock worth $527,000 after acquiring an additional 245 shares during the last quarter. Finally, Golden State Wealth Management LLC raised its position in Franklin ClearBridge Enhanced Income ETF by 9.1% in the fourth quarter. Golden State Wealth Management LLC now owns 14,405 shares of the company’s stock valued at $781,000 after purchasing an additional 1,200 shares during the period.

About Franklin ClearBridge Enhanced Income ETF

The ClearBridge Dividend Strategy ESG ETF (YLDE) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund is an actively managed fund that seeks income, growth of income, and long-term capital appreciation. The fund focuses on global large-cap stocks with attractive dividends and positive ESG attributes. YLDE was launched on May 22, 2017 and is managed by Franklin Templeton.