VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Declares Dividend of $0.03

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) declared a dividend on Thursday, August 6th, NASDAQ Dividends reports. Stockholders of record on Friday, August 7th will be given a dividend of 0.0334 per share on Monday, August 10th. The ex-dividend date is Friday, August 7th. This is a 0.2% increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.03.

VictoryShares Free Cash Flow ETF Stock Up 2.2%

VFLO stock traded up $1.12 during trading on Friday, hitting $51.46. 1,302,847 shares of the company’s stock traded hands, compared to its average volume of 1,116,245. The firm has a market capitalization of $9.36 billion, a P/E ratio of 13.70 and a beta of 0.82. VictoryShares Free Cash Flow ETF has a 1 year low of $34.38 and a 1 year high of $51.49. The business has a fifty day simple moving average of $47.29 and a two-hundred day simple moving average of $43.06.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Ocean Park Asset Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter worth $691,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of VictoryShares Free Cash Flow ETF by 0.9% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 55,246 shares of the company’s stock worth $2,528,000 after purchasing an additional 490 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its position in VictoryShares Free Cash Flow ETF by 14.6% during the second quarter. Wealthcare Advisory Partners LLC now owns 57,365 shares of the company’s stock valued at $2,624,000 after purchasing an additional 7,321 shares in the last quarter. RVW Wealth LLC boosted its position in VictoryShares Free Cash Flow ETF by 1.8% during the second quarter. RVW Wealth LLC now owns 1,018,265 shares of the company’s stock valued at $46,586,000 after purchasing an additional 17,647 shares in the last quarter. Finally, Mechanics Bank Trust Department grew its stake in VictoryShares Free Cash Flow ETF by 13.8% in the second quarter. Mechanics Bank Trust Department now owns 87,002 shares of the company’s stock valued at $3,980,000 after purchasing an additional 10,543 shares during the last quarter.

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.