Moors & Cabot Inc. Acquires 1,401 Shares of VictoryShares Free Cash Flow ETF $VFLO

Moors & Cabot Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 14.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 10,980 shares of the company’s stock after acquiring an additional 1,401 shares during the period. Moors & Cabot Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $388,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VFLO. Ancora Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter valued at approximately $33,000. Ameritas Advisory Services LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $36,000. Geneos Wealth Management Inc. increased its holdings in 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 acquiring an additional 750 shares during the last quarter. Belpointe Asset Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter valued at about $203,000. Finally, Financial Security Advisor Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at about $225,000.

VictoryShares Free Cash Flow ETF Trading Up 1.1%

Shares of VFLO stock opened at $37.88 on Friday. The stock has a market capitalization of $5.01 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $38.53. The stock’s 50-day moving average price is $37.59 and its 200-day moving average price is $35.84.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 10th. Stockholders of record on Friday, November 7th will be issued a dividend of $0.025 per share. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, November 7th.

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.