Truist Financial Corp Acquires New Stake in VictoryShares Small Cap Free Cash Flow ETF $SFLO

Truist Financial Corp bought a new position in shares of VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 22,075 shares of the company’s stock, valued at approximately $643,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SFLO. Toth Financial Advisory Corp bought a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 3rd quarter valued at about $32,000. KPP Advisory Services LLC lifted its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 35.6% in the third quarter. KPP Advisory Services LLC now owns 17,318 shares of the company’s stock worth $504,000 after acquiring an additional 4,548 shares during the period. Boothe Investment Group Inc. lifted its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 1.2% in the third quarter. Boothe Investment Group Inc. now owns 596,575 shares of the company’s stock worth $17,366,000 after acquiring an additional 6,944 shares during the period. Western Wealth Management LLC bought a new stake in VictoryShares Small Cap Free Cash Flow ETF in the second quarter valued at approximately $210,000. Finally, Cerity Partners LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter valued at approximately $211,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

VictoryShares Small Cap Free Cash Flow ETF stock opened at $30.18 on Thursday. The firm has a market cap of $484.09 million, a price-to-earnings ratio of 10.93 and a beta of 1.18. VictoryShares Small Cap Free Cash Flow ETF has a 52-week low of $20.48 and a 52-week high of $30.62. The firm has a 50 day moving average price of $29.98 and a two-hundred day moving average price of $29.07.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were given a dividend of $0.0087 per share. This represents a c) dividend on an annualized basis and a yield of 0.3%. This is an increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Monday, February 9th.

About VictoryShares Small Cap Free Cash Flow ETF

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.