Tradition Wealth Management LLC Boosts Stake in VictoryShares Small Cap Free Cash Flow ETF $SFLO

Tradition Wealth Management LLC increased its position in VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) by 6.1% in the 4th quarter, Holdings Channel reports. The firm owned 413,720 shares of the company’s stock after buying an additional 23,853 shares during the period. Tradition Wealth Management LLC’s holdings in VictoryShares Small Cap Free Cash Flow ETF were worth $12,199,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bruce G. Allen Investments LLC lifted its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 547.7% in the 4th quarter. Bruce G. Allen Investments LLC now owns 1,859 shares of the company’s stock valued at $55,000 after purchasing an additional 1,572 shares during the last quarter. Comerica Bank lifted its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 379.3% in the 4th quarter. Comerica Bank now owns 5,119 shares of the company’s stock valued at $151,000 after purchasing an additional 4,051 shares during the last quarter. IAG Wealth Partners LLC purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 3rd quarter valued at about $155,000. Cerity Partners LLC purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at about $211,000. Finally, Triumph Capital Management purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 3rd quarter valued at about $285,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

VictoryShares Small Cap Free Cash Flow ETF stock opened at $33.17 on Friday. VictoryShares Small Cap Free Cash Flow ETF has a fifty-two week low of $25.74 and a fifty-two week high of $34.37. The company has a market capitalization of $555.93 million, a P/E ratio of 10.93 and a beta of 0.92. The stock has a 50-day simple moving average of $31.99 and a 200-day simple moving average of $30.57.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 9th were issued a $0.0575 dividend. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, April 9th. This is an increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.02.

VictoryShares Small Cap Free Cash Flow ETF Profile

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.