Fmr LLC Invests $31,000 in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Fmr LLC bought a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 944 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds have also made changes to their positions in VFLO. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $29,000. Private Trust Co. NA bought a new position in VictoryShares Free Cash Flow ETF in the third quarter worth $67,000. Raleigh Capital Management Inc. acquired a new stake in VictoryShares Free Cash Flow ETF during the third quarter worth $175,000. Thoroughbred Financial Services LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $209,000. Finally, Regal Investment Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $212,000.

VictoryShares Free Cash Flow ETF Stock Up 0.6 %

NASDAQ VFLO opened at $34.36 on Thursday. The stock has a market cap of $1.14 billion, a P/E ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a twelve month low of $27.58 and a twelve month high of $37.04. The company’s 50-day simple moving average is $34.91 and its 200 day simple moving average is $33.09.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 27th. Investors of record on Thursday, December 26th will be given a dividend of $0.0087 per share. The ex-dividend date is Thursday, December 26th.

VictoryShares Free Cash Flow ETF 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.