Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV – Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 424 shares, a decline of 97.0% from the September 15th total of 14,191 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 21,066 shares, the short-interest ratio is presently 0.0 days.
Hedge Funds Weigh In On Franklin U.S. Dividend Multiplier Index ETF
A hedge fund recently raised its stake in Franklin U.S. Dividend Multiplier Index ETF stock. Envestnet Asset Management Inc. raised its position in shares of Franklin U.S. Dividend Multiplier Index ETF (NYSEARCA:XUDV – Free Report) by 19.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 237,000 shares of the company’s stock after purchasing an additional 39,224 shares during the quarter. Envestnet Asset Management Inc. owned 9.12% of Franklin U.S. Dividend Multiplier Index ETF worth $7,425,000 at the end of the most recent quarter.
Franklin U.S. Dividend Multiplier Index ETF Trading Down 0.1%
XUDV stock traded down $0.04 during mid-day trading on Friday, reaching $31.68. 11,551 shares of the stock traded hands, compared to its average volume of 8,879. Franklin U.S. Dividend Multiplier Index ETF has a 52-week low of $25.30 and a 52-week high of $34.03. The stock’s fifty day moving average is $32.94 and its 200-day moving average is $31.48. The company has a market cap of $76.03 million, a P/E ratio of 14.08 and a beta of 0.60.
Franklin U.S. Dividend Multiplier Index ETF Company Profile
The Franklin U.S. Dividend Multiplier Index ETF (XUDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an index of US large-cap companies that employs an optimizer aimed to deliver high dividend yield balanced against volatility. XUDV was launched on Jan 21, 2025 and is issued by Franklin Templeton.
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