SimpliFi Inc. Grows Stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

SimpliFi Inc. increased its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,610 shares of the company’s stock after acquiring an additional 1,275 shares during the period. VictoryShares Free Cash Flow ETF makes up approximately 1.1% of SimpliFi Inc.’s investment portfolio, making the stock its 14th biggest position. SimpliFi Inc. owned 0.13% of VictoryShares Free Cash Flow ETF worth $2,407,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $29,000. FMR LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $31,000. Global Trust Asset Management LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at approximately $57,000. Private Trust Co. NA bought a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $67,000. Finally, HBC Financial Services PLLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at approximately $102,000.

VictoryShares Free Cash Flow ETF Stock Performance

VictoryShares Free Cash Flow ETF stock opened at $35.51 on Friday. The company has a 50 day moving average price of $35.29 and a 200-day moving average price of $33.87. VictoryShares Free Cash Flow ETF has a fifty-two week low of $28.15 and a fifty-two week high of $37.04. The company has a market capitalization of $2.06 billion, a PE ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a dividend of $0.0062 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

About VictoryShares Free Cash Flow ETF

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.