Victory Capital Management Inc. Increases Holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Victory Capital Management Inc. increased its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,389,979 shares of the company’s stock after purchasing an additional 30,000 shares during the quarter. Victory Capital Management Inc. owned about 7.19% of VictoryShares Free Cash Flow ETF worth $79,586,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. CarsonAllaria Wealth Management Ltd. purchased a new position in VictoryShares Free Cash Flow ETF during the third quarter worth about $29,000. Raleigh Capital Management Inc. purchased a new position in VictoryShares Free Cash Flow ETF during the third quarter worth about $175,000. Thoroughbred Financial Services LLC purchased a new position in VictoryShares Free Cash Flow ETF during the second quarter worth about $209,000. Regal Investment Advisors LLC purchased a new position in VictoryShares Free Cash Flow ETF during the second quarter worth about $212,000. Finally, Sigma Planning Corp purchased a new position in VictoryShares Free Cash Flow ETF during the third quarter worth about $236,000.

VictoryShares Free Cash Flow ETF Stock Down 0.0 %

VictoryShares Free Cash Flow ETF stock opened at $35.72 on Thursday. VictoryShares Free Cash Flow ETF has a 52 week low of $26.24 and a 52 week high of $36.21. The business has a 50-day simple moving average of $33.46 and a 200 day simple moving average of $32.20. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were given a dividend of $0.0053 per share. This represents a $0.06 annualized dividend and a yield of 0.18%. The ex-dividend date of this dividend was Thursday, November 7th.

VictoryShares Free Cash Flow ETF Company Profile

The VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that is based on the Victory US Large Cap Free Cash Flow index. The fund tracks an index composed of the largest U.S. companies based on profit that are perceived to have strong free cash flow yields and high growth metrics VFLO was launched on Jun 21, 2023 and is managed by VictoryShares.