Smith Anglin Financial LLC Grows Stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Smith Anglin Financial LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 30.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 59,922 shares of the company’s stock after acquiring an additional 14,044 shares during the quarter. Smith Anglin Financial LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $2,043,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Annex Advisory Services LLC bought a new position in VictoryShares Free Cash Flow ETF in the third quarter worth $96,294,000. Miracle Mile Advisors LLC boosted its stake in VictoryShares Free Cash Flow ETF by 0.7% during the third quarter. Miracle Mile Advisors LLC now owns 2,670,965 shares of the company’s stock worth $88,943,000 after acquiring an additional 17,888 shares in the last quarter. Victory Capital Management Inc. grew its holdings in VictoryShares Free Cash Flow ETF by 1.3% in the third quarter. Victory Capital Management Inc. now owns 2,389,979 shares of the company’s stock worth $79,586,000 after purchasing an additional 30,000 shares during the period. Traphagen Investment Advisors LLC increased its stake in shares of VictoryShares Free Cash Flow ETF by 3.1% during the third quarter. Traphagen Investment Advisors LLC now owns 1,616,914 shares of the company’s stock valued at $53,843,000 after purchasing an additional 47,932 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $26,671,000.

VictoryShares Free Cash Flow ETF Stock Up 0.8 %

Shares of VFLO opened at $35.19 on Wednesday. The stock has a market cap of $1.81 billion, a P/E ratio of 13.10 and a beta of 0.75. The business’s 50 day moving average price is $35.24 and its 200-day moving average price is $33.45. VictoryShares Free Cash Flow ETF has a 52 week low of $27.58 and a 52 week high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were issued a $0.0062 dividend. The ex-dividend date was Wednesday, January 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.