Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) Reaches New 1-Year High – Should You Buy?

Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI)’s share price reached a new 52-week high on Thursday. The company traded as high as $43.94 and last traded at $43.80, with a volume of 42,829 shares traded. The stock had previously closed at $43.74.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

The company has a 50 day moving average of $42.54 and a two-hundred day moving average of $41.39. The stock has a market capitalization of $6.52 billion, a PE ratio of 13.83 and a beta of 0.36.

Institutional Investors Weigh In On Franklin International Low Volatility High Dividend Index ETF

Several institutional investors have recently added to or reduced their stakes in LVHI. Rathbones Group PLC increased its holdings in shares of Franklin International Low Volatility High Dividend Index ETF by 6.5% during the third quarter. Rathbones Group PLC now owns 15,173 shares of the company’s stock valued at $633,000 after acquiring an additional 929 shares in the last quarter. Thoroughbred Financial Services LLC raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 2.4% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 65,383 shares of the company’s stock valued at $2,727,000 after purchasing an additional 1,550 shares during the last quarter. Harbour Investments Inc. raised its position in shares of Franklin International Low Volatility High Dividend Index ETF by 2.2% in the 3rd quarter. Harbour Investments Inc. now owns 86,229 shares of the company’s stock valued at $3,597,000 after purchasing an additional 1,896 shares during the last quarter. Center for Financial Planning Inc. acquired a new stake in Franklin International Low Volatility High Dividend Index ETF in the 3rd quarter worth approximately $58,000. Finally, Planning Strategies Inc. boosted its stake in Franklin International Low Volatility High Dividend Index ETF by 9.1% in the 3rd quarter. Planning Strategies Inc. now owns 429,932 shares of the company’s stock worth $17,932,000 after purchasing an additional 35,814 shares in the last quarter.

Franklin International Low Volatility High Dividend Index ETF Company Profile

The Franklin International Low Volatility High Dividend Index ETF (LVHI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an all-cap index of developed ex-US stocks, selected and weighted to emphasize profitability, high dividends, low price volatility and low earnings volatility. LVHI was launched on Jul 27, 2016 and is managed by Franklin Templeton.