VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Reaches New 1-Year High – Here’s What Happened

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) hit a new 52-week high on Wednesday . The company traded as high as $43.15 and last traded at $43.07, with a volume of 821270 shares trading hands. The stock had previously closed at $42.67.

VictoryShares Free Cash Flow ETF Price Performance

The firm’s fifty day moving average is $40.31 and its two-hundred day moving average is $39.53. The firm has a market cap of $6.84 billion, a price-to-earnings ratio of 13.70 and a beta of 0.80.

VictoryShares Free Cash Flow ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 9th were paid a $0.0333 dividend. The ex-dividend date of this dividend was Thursday, April 9th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Comprehensive Financial Planning Inc. PA lifted its position in VictoryShares Free Cash Flow ETF by 0.7% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock worth $1,682,000 after purchasing an additional 309 shares during the period. AE Wealth Management LLC raised its stake in shares of VictoryShares Free Cash Flow ETF by 0.8% in the 3rd quarter. AE Wealth Management LLC now owns 47,134 shares of the company’s stock worth $1,768,000 after buying an additional 366 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 4.7% in the fourth quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock valued at $523,000 after buying an additional 600 shares during the period. Kingdom Financial Group LLC. bought a new position in VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $25,000. Finally, PFG Investments LLC grew its holdings in VictoryShares Free Cash Flow ETF by 7.5% during the third quarter. PFG Investments LLC now owns 9,569 shares of the company’s stock worth $359,000 after acquiring an additional 671 shares during the period.

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.