Great Valley Advisor Group Inc. Has $24.21 Million Stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Great Valley Advisor Group Inc. increased its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 45.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 726,887 shares of the company’s stock after buying an additional 227,236 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $24,205,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Prospera Private Wealth LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $248,000. Schwallier Wealth Management LLC bought a new stake in VictoryShares Free Cash Flow ETF during the third quarter worth $242,000. CAP Partners LLC bought a new stake in VictoryShares Free Cash Flow ETF during the third quarter worth $213,000. KPP Advisory Services LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $1,104,000. Finally, Summit Asset Management LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 99.2% during the 3rd quarter. Summit Asset Management LLC now owns 22,430 shares of the company’s stock worth $747,000 after buying an additional 11,170 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 0.6 %

Shares of VFLO stock opened at $36.54 on Friday. The company has a market cap of $1.22 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 $26.47 and a twelve month high of $36.58. The business has a fifty day simple moving average of $33.90 and a 200 day simple moving average of $32.39.

VictoryShares Free Cash Flow ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were given a dividend of $0.0053 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.17%. The ex-dividend date of this dividend was Thursday, November 7th.

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.