VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Unusually-High Trading Volume – Here’s What Happened

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) shares saw unusually-high trading volume on Thursday . Approximately 1,648,177 shares changed hands during trading, an increase of 138% from the previous session’s volume of 692,135 shares.The stock last traded at $31.82 and had previously closed at $31.52.

VictoryShares Free Cash Flow ETF Stock Performance

The stock has a market cap of $3.29 billion, a PE ratio of 12.24 and a beta of 0.75. The company has a 50 day moving average of $34.08 and a two-hundred day moving average of $34.58.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were issued a dividend of $0.0434 per share. This represents a $0.52 annualized dividend and a yield of 1.64%. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. The ex-dividend date was Thursday, April 10th.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Institutional investors have recently bought and sold shares of the company. DDD Partners LLC grew its stake in VictoryShares Free Cash Flow ETF by 1.5% during the 4th quarter. DDD Partners LLC now owns 58,209 shares of the company’s stock valued at $1,984,000 after acquiring an additional 868 shares in the last quarter. FMR LLC purchased a new position in VictoryShares Free Cash Flow ETF during the third quarter worth about $31,000. Lloyd Advisory Services LLC. increased its holdings in VictoryShares Free Cash Flow ETF by 15.4% in the 1st quarter. Lloyd Advisory Services LLC. now owns 8,221 shares of the company’s stock valued at $282,000 after purchasing an additional 1,096 shares during the last quarter. SimpliFi Inc. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 1.8% in the 4th quarter. SimpliFi Inc. now owns 70,610 shares of the company’s stock valued at $2,407,000 after buying an additional 1,275 shares during the period. Finally, Allworth Financial LP purchased a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter worth about $47,000.

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.