VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Reaches New 52-Week High at $33.44

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)’s share price hit a new 52-week high on Thursday . The company traded as high as $33.44 and last traded at $33.24, with a volume of 8108 shares trading hands. The stock had previously closed at $32.93.

VictoryShares Free Cash Flow ETF Stock Performance

The stock has a market capitalization of $591.22 million, a PE ratio of 13.10 and a beta of 0.75. The stock’s 50 day moving average is $32.22 and its two-hundred day moving average is $31.60.

VictoryShares Free Cash Flow ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were issued a $0.061 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $0.73 dividend on an annualized basis and a yield of 2.21%.

Institutional Trading of VictoryShares Free Cash Flow ETF

Hedge funds have recently bought and sold shares of the business. Miracle Mile Advisors LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 19.9% during the 2nd quarter. Miracle Mile Advisors LLC now owns 2,653,077 shares of the company’s stock worth $82,033,000 after buying an additional 441,010 shares during the last quarter. Traphagen Investment Advisors LLC boosted its position in VictoryShares Free Cash Flow ETF by 4.8% in the 2nd quarter. Traphagen Investment Advisors LLC now owns 1,568,982 shares of the company’s stock valued at $48,513,000 after buying an additional 72,113 shares during the period. Great Valley Advisor Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth $15,449,000. Envestnet Asset Management Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth $7,873,000. Finally, WBI Investments LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth $7,173,000.

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.