VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sets New 12-Month High Following Dividend Announcement

VictoryShares Free Cash Flow ETF (NASDAQ:VFLOGet Free Report) shares hit a new 52-week high on Wednesday following a dividend announcement from the company. The company traded as high as $34.35 and last traded at $34.28, with a volume of 1531 shares traded. The stock had previously closed at $33.75.

The newly announced dividend which will be paid on Friday, November 8th. Shareholders of record on Thursday, November 7th will be given a $0.0053 dividend. The ex-dividend date is Thursday, November 7th.

VictoryShares Free Cash Flow ETF Stock Performance

The stock’s 50 day simple moving average is $33.22 and its 200 day simple moving average is $32.07. The firm has a market capitalization of $1.18 billion, a P/E ratio of 13.10 and a beta of 0.75.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cetera Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter valued at $1,367,000. RVW Wealth LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at about $1,014,000. Transform Wealth LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the second quarter worth about $3,871,000. Wealth Enhancement Advisory Services LLC bought a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth about $2,007,000. Finally, Great Valley Advisor Group Inc. purchased a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at about $15,449,000.

About VictoryShares Free Cash Flow ETF

(Get Free Report)

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.

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