Financial Designs Corp Purchases 7,106 Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Financial Designs Corp grew its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 2.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 252,724 shares of the company’s stock after buying an additional 7,106 shares during the period. VictoryShares Free Cash Flow ETF makes up approximately 5.4% of Financial Designs Corp’s investment portfolio, making the stock its 7th largest position. Financial Designs Corp’s holdings in VictoryShares Free Cash Flow ETF were worth $8,416,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in VFLO. Annex Advisory Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth about $96,294,000. Miracle Mile Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the first quarter worth approximately $71,693,000. Great Valley Advisor Group Inc. bought a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $15,449,000. Envestnet Asset Management Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $7,873,000. Finally, WBI Investments LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter valued at $7,173,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VictoryShares Free Cash Flow ETF stock traded down $0.01 during trading on Friday, hitting $33.79. The stock had a trading volume of 191,253 shares, compared to its average volume of 217,562. The business has a fifty day moving average of $32.90 and a two-hundred day moving average of $31.89. VictoryShares Free Cash Flow ETF has a fifty-two week low of $24.61 and a fifty-two week high of $34.17. The firm has a market cap of $1.09 billion, a P/E ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were given a dividend of $0.0214 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.26 annualized dividend and a dividend yield of 0.76%.

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.