KPP Advisory Services LLC Invests $1.10 Million in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

KPP Advisory Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 33,153 shares of the company’s stock, valued at approximately $1,104,000. KPP Advisory Services LLC owned approximately 0.10% of VictoryShares Free Cash Flow ETF as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of VFLO. Summit Asset Management LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 99.2% during the 3rd quarter. Summit Asset Management LLC now owns 22,430 shares of the company’s stock valued at $747,000 after purchasing an additional 11,170 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 1.3% during the third quarter. Victory Capital Management Inc. now owns 2,389,979 shares of the company’s stock worth $79,586,000 after buying an additional 30,000 shares in the last quarter. Axxcess Wealth Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at $278,000. Legacy Capital Wealth Partners LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $502,000. Finally, Sigma Planning Corp bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth $236,000.

VictoryShares Free Cash Flow ETF Trading Down 1.0 %

Shares of VictoryShares Free Cash Flow ETF stock traded down $0.37 on Friday, reaching $35.18. 948,970 shares of the company were exchanged, compared to its average volume of 236,024. VictoryShares Free Cash Flow ETF has a fifty-two week low of $26.28 and a fifty-two week high of $36.21. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75. The stock has a fifty day moving average price of $33.60 and a 200-day moving average price of $32.25.

VictoryShares Free Cash Flow ETF Announces Dividend

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

About VictoryShares Free Cash Flow ETF

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.