VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Position Boosted by Smith Moore & CO.

Smith Moore & CO. lifted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 94.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 43,154 shares of the company’s stock after acquiring an additional 20,931 shares during the quarter. Smith Moore & CO.’s holdings in VictoryShares Free Cash Flow ETF were worth $1,471,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Private Portfolio Partners LLC lifted its position in shares of VictoryShares Free Cash Flow ETF by 196.8% in the fourth quarter. Private Portfolio Partners LLC now owns 35,424 shares of the company’s stock worth $1,208,000 after purchasing an additional 23,489 shares in the last quarter. StoneX Group Inc. increased its position in VictoryShares Free Cash Flow ETF by 107.5% in the 4th quarter. StoneX Group Inc. now owns 998,798 shares of the company’s stock worth $34,049,000 after purchasing an additional 517,474 shares during the last quarter. Maridea Wealth Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth about $2,244,000. Ausdal Financial Partners Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 34.6% during the 4th quarter. Ausdal Financial Partners Inc. now owns 120,243 shares of the company’s stock valued at $4,099,000 after buying an additional 30,930 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in VictoryShares Free Cash Flow ETF by 185.2% in the fourth quarter. LPL Financial LLC now owns 4,114,921 shares of the company’s stock worth $140,278,000 after buying an additional 2,672,029 shares during the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 5.1 %

VFLO stock opened at $30.95 on Friday. The firm has a market cap of $3.05 billion, a PE ratio of 14.26 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 1 year low of $30.19 and a 1 year high of $37.04. The company has a fifty day simple moving average of $34.94 and a 200 day simple moving average of $34.71.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a $0.0638 dividend. The ex-dividend date was Monday, March 10th. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05.

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.