VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Reaches New 1-Year High at $33.44

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) shares hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $33.44 and last traded at $33.24, with a volume of 8108 shares changing hands. The stock had previously closed at $32.93.

VictoryShares Free Cash Flow ETF Price Performance

The stock’s fifty day moving average is $32.15 and its 200-day moving average is $31.57. The stock has a market cap of $594.43 million, a PE ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were paid a dividend of $0.061 per share. This represents a $0.73 annualized dividend and a yield of 2.20%. The ex-dividend date was Wednesday, September 11th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VFLO. Thoroughbred Financial Services LLC purchased a new position in VictoryShares Free Cash Flow ETF during the second quarter worth about $209,000. Regal Investment Advisors LLC purchased a new position in VictoryShares Free Cash Flow ETF during the second quarter worth about $212,000. Hartline Investment Corp purchased a new position in VictoryShares Free Cash Flow ETF during the first quarter worth about $264,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of VictoryShares Free Cash Flow ETF by 35.0% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,978 shares of the company’s stock valued at $339,000 after purchasing an additional 2,846 shares during the period. Finally, Krilogy Financial LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $377,000.

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.