Kennedy Investment Group Makes New $406,000 Investment in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Kennedy Investment Group acquired a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 12,201 shares of the company’s stock, valued at approximately $406,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Annex Advisory Services LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $96,294,000. Miracle Mile Advisors LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 0.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 2,670,965 shares of the company’s stock valued at $88,943,000 after purchasing an additional 17,888 shares during the last quarter. Traphagen Investment Advisors LLC lifted its stake in shares of 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 purchasing an additional 72,113 shares during the last quarter. Great Valley Advisor Group Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $15,449,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $7,873,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock traded down $0.21 during trading hours on Monday, hitting $33.58. The company’s stock had a trading volume of 76,416 shares, compared to its average volume of 216,989. VictoryShares Free Cash Flow ETF has a twelve month low of $24.61 and a twelve month high of $34.17. The firm has a fifty day moving average of $32.90 and a 200-day moving average of $31.89. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were paid a $0.0214 dividend. This represents a $0.26 annualized dividend and a dividend yield of 0.77%. The ex-dividend date was Tuesday, October 8th.

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.