Secure Asset Management LLC Purchases Shares of 42,242 VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Secure Asset Management LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 42,242 shares of the company’s stock, valued at approximately $1,440,000.

Several other hedge funds also recently modified their holdings of VFLO. CarsonAllaria Wealth Management Ltd. bought a new position in VictoryShares Free Cash Flow ETF during the third quarter worth $29,000. FMR LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at about $31,000. Global Trust Asset Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth about $57,000. Private Trust Co. NA acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at about $67,000. Finally, HBC Financial Services PLLC bought a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter valued at about $102,000.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO stock opened at $36.15 on Friday. The stock’s 50 day simple moving average is $35.27 and its 200 day simple moving average is $33.65. The company has a market cap of $1.97 billion, a P/E ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a fifty-two week low of $27.86 and a fifty-two week high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

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