Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) Shares Sold by Mill Creek Capital Advisors LLC

Mill Creek Capital Advisors LLC decreased its holdings in shares of Franklin U.S. Low Volatility High Dividend Index ETF (NASDAQ:LVHD) by 27.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 19,486 shares of the company’s stock after selling 7,302 shares during the quarter. Mill Creek Capital Advisors LLC’s holdings in Franklin U.S. Low Volatility High Dividend Index ETF were worth $747,000 as of its most recent filing with the SEC.

Separately, JPMorgan Chase & Co. lifted its position in Franklin U.S. Low Volatility High Dividend Index ETF by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 60,573 shares of the company’s stock worth $2,467,000 after acquiring an additional 4,780 shares during the period.

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

NASDAQ:LVHD opened at $39.28 on Tuesday. Franklin U.S. Low Volatility High Dividend Index ETF has a 12-month low of $34.24 and a 12-month high of $41.47. The stock’s 50 day simple moving average is $38.97 and its 200-day simple moving average is $39.56. The firm has a market cap of $516.53 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 dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Thursday, February 6th will be given a dividend of $0.0646 per share. The ex-dividend date is Thursday, February 6th.

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