Kennedy Investment Group Raises Holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Kennedy Investment Group raised its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 63.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,897 shares of the company’s stock after purchasing an additional 7,696 shares during the quarter. Kennedy Investment Group’s holdings in VictoryShares Free Cash Flow ETF were worth $678,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Regal Investment Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF in the second quarter worth about $212,000. Truist Financial Corp acquired a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $3,342,000. Cetera Investment Advisers boosted its stake in VictoryShares Free Cash Flow ETF by 48.9% in the second quarter. Cetera Investment Advisers now owns 62,815 shares of the company’s stock valued at $1,942,000 after acquiring an additional 20,639 shares during the period. Smith Anglin Financial LLC acquired a new position in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $1,528,000. Finally, Miracle Mile Advisors LLC boosted its stake in VictoryShares Free Cash Flow ETF by 0.7% in the third quarter. Miracle Mile Advisors LLC now owns 2,670,965 shares of the company’s stock valued at $88,943,000 after acquiring an additional 17,888 shares during the period.

VictoryShares Free Cash Flow ETF Trading Down 0.8 %

Shares of NASDAQ VFLO opened at $35.78 on Wednesday. The stock has a 50 day simple moving average of $35.31 and a 200-day simple moving average of $33.82. The company has a market cap of $2.08 billion, a PE ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 12-month low of $28.15 and a 12-month high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were given a $0.0062 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

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.