Kennedy Investment Group Takes $406,000 Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Kennedy Investment Group acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,201 shares of the company’s stock, valued at approximately $406,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VFLO. Annex Advisory Services LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter worth approximately $96,294,000. Miracle Mile Advisors LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 0.7% during the third quarter. Miracle Mile Advisors LLC now owns 2,670,965 shares of the company’s stock worth $88,943,000 after purchasing an additional 17,888 shares in the last quarter. Traphagen Investment Advisors LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 4.8% during the second quarter. Traphagen Investment Advisors LLC now owns 1,568,982 shares of the company’s stock worth $48,513,000 after purchasing an additional 72,113 shares in the last quarter. Great Valley Advisor Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter worth approximately $15,449,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter worth approximately $7,873,000.

VictoryShares Free Cash Flow ETF Trading Down 0.6 %

NASDAQ VFLO traded down $0.21 on Monday, reaching $33.58. 76,416 shares of the company were exchanged, compared to its average volume of 216,989. The business’s fifty day moving average price is $32.90 and its 200 day moving average price is $31.89. The stock has a market capitalization of $1.08 billion, a P/E ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a fifty-two week low of $24.61 and a fifty-two week high of $34.17.

VictoryShares Free Cash Flow ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were paid a dividend of $0.0214 per share. This represents a $0.26 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Tuesday, October 8th.

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.