Private Advisor Group LLC Increases Stock Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Private Advisor Group LLC raised its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 585.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 390,172 shares of the company’s stock after purchasing an additional 333,283 shares during the period. Private Advisor Group LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $13,301,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. FMR LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $31,000. Allworth Financial LP purchased a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $47,000. Global Trust Asset Management LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $57,000. Kestra Investment Management LLC purchased a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth $62,000. Finally, Private Trust Co. NA purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at about $67,000.

VictoryShares Free Cash Flow ETF Stock Up 0.4 %

Shares of VictoryShares Free Cash Flow ETF stock opened at $36.26 on Friday. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 14.45 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 52-week low of $28.87 and a 52-week high of $37.04. The company’s 50-day simple moving average is $35.09 and its 200-day simple moving average is $34.21.

VictoryShares Free Cash Flow ETF Increases Dividend

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