D.A. Davidson & CO. Invests $499,000 in VictoryShares Free Cash Flow ETF $VFLO

D.A. Davidson & CO. bought a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,296 shares of the company’s stock, valued at approximately $499,000.

A number of other large investors have also recently bought and sold shares of VFLO. AQR Capital Management LLC purchased a new position in VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $737,000. Goldman Sachs Group Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the first quarter worth $4,233,000. Jane Street Group LLC lifted its position in VictoryShares Free Cash Flow ETF by 409.5% during the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after purchasing an additional 219,816 shares during the period. Belpointe Asset Management LLC acquired a new position in VictoryShares Free Cash Flow ETF during the first quarter valued at $203,000. Finally, Geneos Wealth Management Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO opened at $40.14 on Wednesday. The business’s 50-day moving average is $39.03 and its two-hundred day moving average is $37.49. The company has a market capitalization of $5.84 billion, a P/E ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.67.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were given a dividend of $0.1502 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, December 11th.

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.