Hudock Inc. Makes New Investment in VictoryShares Free Cash Flow ETF $VFLO

Hudock Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 253,036 shares of the company’s stock, valued at approximately $9,489,000. VictoryShares Free Cash Flow ETF makes up about 1.4% of Hudock Inc.’s portfolio, making the stock its 18th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Ameritas Advisory Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $36,000. Geneos Wealth Management Inc. lifted its position in VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the period. Belpointe Asset Management LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 1st quarter valued at $203,000. Visionary Wealth Advisors purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter worth about $215,000. Finally, Financial Security Advisor Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter worth about $225,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO opened at $40.43 on Friday. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $40.67. The firm has a 50-day moving average of $38.93 and a 200 day moving average of $37.39. The stock has a market cap of $5.79 billion, a P/E ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were issued a dividend of $0.1502 per share. The ex-dividend date was Thursday, December 11th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.