Summit Asset Management LLC Has $1.11 Million Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Summit Asset Management LLC increased its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 44.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,415 shares of the company’s stock after purchasing an additional 9,985 shares during the period. Summit Asset Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,105,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VFLO. Lifestyle Asset Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 0.8% during the third quarter. Lifestyle Asset Management Inc. now owns 57,278 shares of the company’s stock worth $1,907,000 after buying an additional 460 shares during the last quarter. DDD Partners LLC boosted its stake in VictoryShares Free Cash Flow ETF by 1.5% in the fourth 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 during the last quarter. FMR LLC bought a new position in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $31,000. SimpliFi Inc. raised its holdings in VictoryShares Free Cash Flow ETF by 1.8% in the fourth quarter. SimpliFi Inc. now owns 70,610 shares of the company’s stock worth $2,407,000 after purchasing an additional 1,275 shares during the period. Finally, Allworth Financial LP acquired a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter worth $47,000.

VictoryShares Free Cash Flow ETF Stock Down 2.1 %

Shares of NASDAQ:VFLO opened at $35.49 on Friday. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 14.45 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 12 month low of $29.06 and a 12 month high of $37.04. The company’s fifty day simple moving average is $35.10 and its 200 day simple moving average is $34.26.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a $0.0486 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

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.