Madison Investment Advisors LLC Takes Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Madison Investment Advisors LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the fourth quarter, Holdings Channel.com reports. The firm purchased 36,399 shares of the company’s stock, valued at approximately $1,241,000.

A number of other hedge funds have also recently made changes to their positions in VFLO. Great Valley Advisor Group Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 45.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 726,887 shares of the company’s stock valued at $24,205,000 after purchasing an additional 227,236 shares in the last quarter. StoneX Group Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 1,903.2% during the 3rd quarter. StoneX Group Inc. now owns 481,324 shares of the company’s stock valued at $16,028,000 after purchasing an additional 457,296 shares in the last quarter. Private Trust Co. NA purchased a new position in VictoryShares Free Cash Flow ETF in the third quarter worth $67,000. FMR LLC purchased a new position in VictoryShares Free Cash Flow ETF in the third quarter worth $31,000. Finally, CreativeOne Wealth LLC purchased a new position in VictoryShares Free Cash Flow ETF in the third quarter worth $508,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ:VFLO opened at $34.67 on Friday. VictoryShares Free Cash Flow ETF has a 52-week low of $30.19 and a 52-week high of $37.04. The firm has a fifty day moving average of $35.26 and a 200 day moving average of $34.58. The firm has a market capitalization of $2.15 billion, a PE ratio of 14.05 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were given a $0.0638 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05.

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.