VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by Smith Anglin Financial LLC

Smith Anglin Financial LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 6.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,720,743 shares of the company’s stock after acquiring an additional 154,905 shares during the period. VictoryShares Free Cash Flow ETF comprises about 8.7% of Smith Anglin Financial LLC’s investment portfolio, making the stock its 2nd biggest holding. Smith Anglin Financial LLC owned approximately 2.20% of VictoryShares Free Cash Flow ETF worth $96,178,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Ancora Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the first quarter valued at $33,000. HM Payson & Co. acquired a new position in VictoryShares Free Cash Flow ETF during the 1st quarter valued at about $35,000. Geneos Wealth Management Inc. boosted its position in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the period. Burkett Financial Services LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter valued at $45,000. Finally, Smith Salley Wealth Management acquired a new position in VictoryShares Free Cash Flow ETF during the 1st quarter worth $201,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ VFLO opened at $37.74 on Monday. The firm has a market capitalization of $4.65 billion, a PE ratio of 13.70 and a beta of 0.94. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $37.99. The company’s 50 day simple moving average is $36.43 and its 200 day simple moving average is $34.86.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, September 8th were given a $0.1465 dividend. This represents a c) annualized dividend and a yield of 4.7%. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.00. The ex-dividend date was Monday, September 8th.

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.