VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Unusually-High Trading Volume

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw unusually-high trading volume on Friday . Approximately 657,465 shares traded hands during trading, an increase of 229% from the previous session’s volume of 199,602 shares.The stock last traded at $33.05 and had previously closed at $32.44.

VictoryShares Free Cash Flow ETF Stock Up 2.0 %

The firm has a market cap of $590.33 million, a price-to-earnings ratio of 13.10 and a beta of 0.75. The firm has a fifty day moving average price of $31.47 and a 200-day moving average price of $31.08.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were issued a $0.0166 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. The ex-dividend date was Thursday, August 8th. This represents a $0.20 annualized dividend and a yield of 0.60%.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

A number of institutional investors have recently bought and sold shares of VFLO. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in VictoryShares Free Cash Flow ETF by 35.0% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,978 shares of the company’s stock valued at $339,000 after acquiring an additional 2,846 shares during the period. Thoroughbred Financial Services LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $209,000. Regal Investment Advisors LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $212,000. Hartline Investment Corp purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth $264,000. Finally, Krilogy Financial LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $377,000.

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.