JPMorgan Chase & Co. Boosts Stock Position in Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD)

JPMorgan Chase & Co. grew its holdings in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 8.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 60,573 shares of the company’s stock after buying an additional 4,780 shares during the period. JPMorgan Chase & Co. owned 0.42% of Franklin U.S. Low Volatility High Dividend Index ETF worth $2,467,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Arkadios Wealth Advisors raised its position in shares of Franklin U.S. Low Volatility High Dividend Index ETF by 23.7% during the 3rd quarter. Arkadios Wealth Advisors now owns 9,398 shares of the company’s stock worth $383,000 after acquiring an additional 1,802 shares in the last quarter.

Franklin U.S. Low Volatility High Dividend Index ETF Stock Up 0.4 %

Shares of LVHD opened at $38.84 on Tuesday. The company has a market capitalization of $522.40 million, a price-to-earnings ratio of 16.41 and a beta of 0.76. Franklin U.S. Low Volatility High Dividend Index ETF has a 52-week low of $34.24 and a 52-week high of $41.47. The stock has a 50 day moving average price of $39.44 and a 200 day moving average price of $39.32.

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

The business also recently announced a dividend, which was paid on Monday, January 6th. Stockholders of record on Tuesday, December 31st were issued a $0.3456 dividend. The ex-dividend date was Tuesday, December 31st.

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.