20,805 Shares in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Bought by World Equity Group Inc.

World Equity Group Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 4th quarter, Holdings Channel.com reports. The firm purchased 20,805 shares of the company’s stock, valued at approximately $709,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Summit Asset Management LLC raised its stake in VictoryShares Free Cash Flow ETF by 44.5% during the 4th quarter. Summit Asset Management LLC now owns 32,415 shares of the company’s stock worth $1,105,000 after acquiring an additional 9,985 shares in the last quarter. Atlantic Family Wealth LLC acquired a new position in VictoryShares Free Cash Flow ETF in the fourth quarter valued at $1,536,000. Sigma Planning Corp increased its stake in VictoryShares Free Cash Flow ETF by 50.0% in the fourth quarter. Sigma Planning Corp now owns 10,620 shares of the company’s stock valued at $362,000 after purchasing an additional 3,539 shares during the period. Lloyd Advisory Services LLC. acquired a new position in VictoryShares Free Cash Flow ETF in the fourth quarter valued at $243,000. Finally, Legacy Capital Group California Inc. increased its stake in VictoryShares Free Cash Flow ETF by 48.6% in the fourth quarter. Legacy Capital Group California Inc. now owns 90,779 shares of the company’s stock valued at $3,095,000 after purchasing an additional 29,677 shares during the period.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ VFLO opened at $35.49 on Monday. The firm has a market cap of $2.20 billion, a PE ratio of 14.45 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a one year low of $29.06 and a one year high of $37.04. The firm’s fifty day moving average is $35.10 and its two-hundred day moving average is $34.29.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a $0.0486 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

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.