M.E. Allison & CO. Inc. Raises Stake in VictoryShares Free Cash Flow ETF $VFLO

M.E. Allison & CO. Inc. boosted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 61.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 26,835 shares of the company’s stock after purchasing an additional 10,166 shares during the period. M.E. Allison & CO. Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $949,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Ancora Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 1st quarter worth $33,000. Ameritas Advisory Services LLC acquired a new position in VictoryShares Free Cash Flow ETF during the second quarter worth about $36,000. HM Payson & Co. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the first quarter worth about $35,000. Geneos Wealth Management Inc. grew its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares in the last quarter. Finally, Smith Salley Wealth Management purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the first quarter worth about $201,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO opened at $36.58 on Monday. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $38.22. The company has a 50-day simple moving average of $36.86 and a 200-day simple moving average of $35.06. The company has a market cap of $4.77 billion, a PE ratio of 13.70 and a beta of 0.94.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, October 9th were issued a $0.0395 dividend. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, October 9th.

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.