Ausdal Financial Partners Inc. Has $4.10 Million Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Ausdal Financial Partners Inc. boosted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 34.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 120,243 shares of the company’s stock after purchasing an additional 30,930 shares during the period. Ausdal Financial Partners Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $4,099,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. FMR LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $31,000. Allworth Financial LP acquired a new position in VictoryShares Free Cash Flow ETF in the fourth quarter worth $47,000. Global Trust Asset Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at $57,000. Jones Financial Companies Lllp bought a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $59,000. Finally, Kestra Investment Management LLC acquired a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth about $62,000.

VictoryShares Free Cash Flow ETF Trading Down 0.3 %

Shares of VFLO stock opened at $35.22 on Wednesday. VictoryShares Free Cash Flow ETF has a 1 year low of $30.19 and a 1 year high of $37.04. The firm’s 50 day moving average is $35.26 and its 200-day moving average is $34.66. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 14.26 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were given a dividend of $0.0638 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 10th.

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.