World Equity Group Inc. Purchases Shares of 20,805 VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

World Equity Group Inc. purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,805 shares of the company’s stock, valued at approximately $709,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Summit Asset Management LLC boosted its holdings in VictoryShares Free Cash Flow ETF by 44.5% in the fourth quarter. Summit Asset Management LLC now owns 32,415 shares of the company’s stock valued at $1,105,000 after purchasing an additional 9,985 shares during the last quarter. Atlantic Family Wealth LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at $1,536,000. Sigma Planning Corp boosted its holdings in VictoryShares Free Cash Flow ETF by 50.0% in the fourth quarter. Sigma Planning Corp now owns 10,620 shares of the company’s stock valued at $362,000 after purchasing an additional 3,539 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at $243,000. Finally, Legacy Capital Group California Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 48.6% in the fourth quarter. Legacy Capital Group California Inc. now owns 90,779 shares of the company’s stock valued at $3,095,000 after purchasing an additional 29,677 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO opened at $35.49 on Monday. VictoryShares Free Cash Flow ETF has a one year low of $29.06 and a one year high of $37.04. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 14.45 and a beta of 0.75. The firm’s fifty day moving average is $35.10 and its two-hundred day moving average is $34.29.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were given a $0.0486 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

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.