Compass Financial Management LLC Takes Position in Franklin International Low Volatility High Dividend Index ETF $LVHI

Compass Financial Management LLC purchased a new position in shares of Franklin International Low Volatility High Dividend Index ETF (BATS:LVHI) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 23,143 shares of the company’s stock, valued at approximately $986,000.

Several other large investors also recently added to or reduced their stakes in LVHI. Torren Management LLC purchased a new stake in Franklin International Low Volatility High Dividend Index ETF during the first quarter valued at about $33,000. Parallel Advisors LLC boosted its position in Franklin International Low Volatility High Dividend Index ETF by 275.5% during the first quarter. Parallel Advisors LLC now owns 1,363 shares of the company’s stock worth $55,000 after purchasing an additional 1,000 shares during the period. Sound Income Strategies LLC purchased a new position in shares of Franklin International Low Volatility High Dividend Index ETF in the first quarter worth about $119,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Franklin International Low Volatility High Dividend Index ETF in the fourth quarter valued at approximately $238,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Franklin International Low Volatility High Dividend Index ETF in the first quarter valued at approximately $267,000.

Franklin International Low Volatility High Dividend Index ETF Stock Performance

Shares of LVHI stock opened at $42.98 on Monday. The stock has a market capitalization of $3.65 billion, a P/E ratio of 11.36 and a beta of 0.45. The firm’s 50 day moving average is $41.83 and its 200 day moving average is $41.02. Franklin International Low Volatility High Dividend Index ETF has a 12 month low of $34.25 and a 12 month high of $43.13.

About Franklin International Low Volatility High Dividend Index ETF

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.