VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) Announces Monthly Dividend of $0.06

VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) announced a monthly dividend on Thursday, November 5th. Investors of record on Friday, November 6th will be given a dividend of $0.0570 per share on Monday, November 9th. This represents a $0.68 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Friday, November 6th. This is a 66.4% increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.0342.

VictoryShares Small Cap Free Cash Flow ETF Trading Down 3.7%

NASDAQ:SFLO opened at $38.68 on Friday. VictoryShares Small Cap Free Cash Flow ETF has a 1-year low of $27.45 and a 1-year high of $42.00. The stock has a market cap of $866.05 million, a P/E ratio of 12.85 and a beta of 0.85. The stock’s 50-day moving average is $38.98 and its 200-day moving average is $34.51.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SFLO. Cetera Investment Advisers bought a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 1st quarter worth approximately $499,000. Bank of America Corp DE grew its holdings in VictoryShares Small Cap Free Cash Flow ETF by 15.3% during the 1st quarter. Bank of America Corp DE now owns 1,958,594 shares of the company’s stock valued at $58,817,000 after buying an additional 260,334 shares in the last quarter. Teamwork Financial Advisors LLC bought a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 3rd quarter worth approximately $19,888,000. Triumph Capital Management increased its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 669.3% in the second quarter. Triumph Capital Management now owns 97,751 shares of the company’s stock worth $3,343,000 after purchasing an additional 85,044 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 8.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 382,107 shares of the company’s stock valued at $13,068,000 after acquiring an additional 29,440 shares in the last quarter.

VictoryShares Small Cap Free Cash Flow ETF Company Profile

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.