VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Shares Bought by Summit Asset Management LLC

Summit Asset Management LLC lifted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 44.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,415 shares of the company’s stock after buying an additional 9,985 shares during the period. Summit Asset Management LLC owned approximately 0.05% of VictoryShares Free Cash Flow ETF worth $1,105,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. FMR LLC bought a new stake in VictoryShares Free Cash Flow ETF during the third quarter worth approximately $31,000. Allworth Financial LP bought a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at $47,000. Global Trust Asset Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at $57,000. Kestra Investment Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at $62,000. Finally, Private Trust Co. NA acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $67,000.

VictoryShares Free Cash Flow ETF Stock Down 2.1 %

VictoryShares Free Cash Flow ETF stock opened at $35.49 on Friday. The stock has a market cap of $2.20 billion, a P/E 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 company also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were given a dividend of $0.0486 per share. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Friday, February 7th.

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.