Prime Capital Investment Advisors LLC Invests $392,000 in VictoryShares Free Cash Flow ETF $VFLO

Prime Capital Investment Advisors LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the second quarter, Holdings Channel reports. The institutional investor acquired 11,087 shares of the company’s stock, valued at approximately $392,000.

A number of other large investors have also modified their holdings of the stock. Ancora Advisors LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the first quarter worth $33,000. HM Payson & Co. purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth about $35,000. Ameritas Advisory Services LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth about $36,000. Geneos Wealth Management Inc. lifted its holdings in VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the last quarter. Finally, Smith Salley Wealth Management purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth about $201,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO opened at $36.58 on Friday. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 13.70 and a beta of 0.94. The business has a 50-day moving average of $36.86 and a two-hundred day moving average of $35.05. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $38.22.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, October 9th were paid a $0.0395 dividend. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, October 9th.

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.