Pine Valley Investments Ltd Liability Co Raises Position in VictoryShares Free Cash Flow ETF $VFLO

Pine Valley Investments Ltd Liability Co boosted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 9.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,702 shares of the company’s stock after buying an additional 14,564 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in VictoryShares Free Cash Flow ETF were worth $6,621,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Parallel Advisors LLC lifted its position in shares of VictoryShares Free Cash Flow ETF by 1,319.3% in the first quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock valued at $60,738,000 after acquiring an additional 1,430,052 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 8.2% during the first quarter. NewEdge Advisors LLC now owns 51,107 shares of the company’s stock worth $2,018,000 after purchasing an additional 3,890 shares in the last quarter. First Nebraska Trust Co purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the first quarter worth approximately $343,000. Allen Capital Group LLC raised its stake in VictoryShares Free Cash Flow ETF by 1.0% in the 1st quarter. Allen Capital Group LLC now owns 429,047 shares of the company’s stock valued at $16,939,000 after purchasing an additional 4,057 shares during the last quarter. Finally, Summit Financial Wealth Advisors LLC raised its stake in VictoryShares Free Cash Flow ETF by 9.7% in the 1st quarter. Summit Financial Wealth Advisors LLC now owns 19,815 shares of the company’s stock valued at $782,000 after purchasing an additional 1,753 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $49.74 on Monday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $50.67. The stock’s fifty day moving average is $46.82 and its two-hundred day moving average is $42.77. The firm has a market capitalization of $9.01 billion, a P/E ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a $0.0249 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, July 9th.

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.