VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sets New 12-Month High – Here’s What Happened

Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $41.00 and last traded at $40.80, with a volume of 67119 shares trading hands. The stock had previously closed at $40.67.

VictoryShares Free Cash Flow ETF Stock Performance

The company has a market cap of $6.50 billion, a P/E ratio of 13.70 and a beta of 0.84. The firm’s fifty day moving average is $39.96 and its two-hundred day moving average is $39.17.

VictoryShares Free Cash Flow ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were issued a $0.0333 dividend. The ex-dividend date of this dividend was Thursday, April 9th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA boosted its holdings in VictoryShares Free Cash Flow ETF by 0.7% in the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock worth $1,682,000 after buying an additional 309 shares during the period. AE Wealth Management LLC boosted its holdings in VictoryShares Free Cash Flow ETF by 0.8% in the 3rd quarter. AE Wealth Management LLC now owns 47,134 shares of the company’s stock worth $1,768,000 after buying an additional 366 shares during the period. Private Trust Co. NA boosted its holdings in VictoryShares Free Cash Flow ETF by 4.7% in the 4th quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock worth $523,000 after buying an additional 600 shares during the period. Kingdom Financial Group LLC. bought a new position in VictoryShares Free Cash Flow ETF in the 4th quarter worth $25,000. Finally, PFG Investments LLC boosted its holdings in VictoryShares Free Cash Flow ETF by 7.5% in the 3rd quarter. PFG Investments LLC now owns 9,569 shares of the company’s stock worth $359,000 after buying an additional 671 shares during the period.

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.