RFG Advisory LLC Makes New $2.34 Million Investment in VictoryShares Free Cash Flow ETF $VFLO

RFG Advisory LLC bought a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 66,322 shares of the company’s stock, valued at approximately $2,344,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VFLO. Ancora Advisors LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $33,000. HM Payson & Co. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $35,000. Ameritas Advisory Services LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at about $36,000. Geneos Wealth Management Inc. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the period. Finally, Smith Salley Wealth Management acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $201,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ:VFLO opened at $37.23 on Thursday. The company has a market capitalization of $4.88 billion, a price-to-earnings ratio of 13.70 and a beta of 0.94. The business’s 50-day moving average is $37.01 and its 200-day moving average is $35.11. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $38.22.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, October 9th were paid a $0.0395 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, October 9th.

VictoryShares Free Cash Flow ETF 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.