Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Stock Short Interest Report for October

Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 213,565 shares, a growth of 476.4% from the October 15th total of 37,051 shares. Currently, 1.5% of the shares of the stock are short sold. Based on an average trading volume of 83,873 shares, the days-to-cover ratio is presently 2.5 days.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 0.8%

Shares of Franklin U.S. Low Volatility High Dividend Index ETF stock traded up $0.34 during trading on Friday, reaching $45.79. 6,121 shares of the company were exchanged, compared to its average volume of 60,078. The business has a 50-day moving average price of $43.51 and a 200-day moving average price of $43.54. The firm has a market capitalization of $654.81 million, a price-to-earnings ratio of 19.57 and a beta of 0.55. Franklin U.S. Low Volatility High Dividend Index ETF has a twelve month low of $39.54 and a twelve month high of $46.49.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 10th. Shareholders of record on Thursday, November 5th were issued a dividend of $0.3873 per share. This is a boost from Franklin U.S. Low Volatility High Dividend Index ETF’s previous quarterly dividend of $0.3830. The ex-dividend date was Thursday, November 5th. This represents a $1.55 dividend on an annualized basis and a yield of 3.4%.

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

An institutional investor recently raised its position in Franklin U.S. Low Volatility High Dividend Index ETF stock. Arkadios Wealth Advisors raised its stake in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 166.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,564 shares of the company’s stock after acquiring an additional 20,981 shares during the quarter. Arkadios Wealth Advisors owned about 0.24% of Franklin U.S. Low Volatility High Dividend Index ETF worth $1,428,000 at the end of the most recent reporting period.

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.