VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Hits New 12-Month High – What’s Next?

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $55.79 and last traded at $55.70, with a volume of 95429 shares. The stock had previously closed at $55.48.

VictoryShares Free Cash Flow ETF Stock Performance

The stock has a market cap of $10.13 billion, a PE ratio of 13.70 and a beta of 0.82. The business has a 50 day moving average price of $49.58 and a two-hundred day moving average price of $44.58.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were issued a dividend of $0.0334 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.03. The ex-dividend date was Friday, August 7th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Kingdom Financial Group LLC. bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth $25,000. Geneos Wealth Management Inc. grew 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. Zions Bancorporation National Association UT bought a new position in VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $52,000. Assetmark Inc. increased its holdings in VictoryShares Free Cash Flow ETF by 80.4% during the first quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after buying an additional 602 shares during the last quarter. Finally, Silver Grove Financial Group Inc. purchased a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter worth about $60,000.

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.