Mill Creek Capital Advisors LLC Has $1.03 Million Stock Position in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD)

Mill Creek Capital Advisors LLC lowered its stake in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 88.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,661 shares of the company’s stock after selling 223,389 shares during the period. Mill Creek Capital Advisors LLC owned approximately 0.18% of Franklin U.S. Low Volatility High Dividend Index ETF worth $1,027,000 as of its most recent filing with the SEC.

Separately, Vima LLC bought a new position in shares of Franklin U.S. Low Volatility High Dividend Index ETF in the fourth quarter worth $34,000.

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

Shares of NASDAQ LVHD opened at $40.69 on Tuesday. Franklin U.S. Low Volatility High Dividend Index ETF has a 52 week low of $32.58 and a 52 week high of $40.76. The stock has a market capitalization of $638.83 million, a P/E ratio of 16.41 and a beta of 0.76. The stock’s fifty day moving average is $39.01 and its 200 day moving average is $37.06.

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

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Shareholders of record on Thursday, August 8th were given a $0.377 dividend. This represents a $1.51 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date of this dividend was Thursday, August 8th.

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.