Flagship Harbor Advisors LLC Purchases 80,447 Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Flagship Harbor Advisors LLC boosted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 100.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 160,612 shares of the company’s stock after buying an additional 80,447 shares during the period. Flagship Harbor Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $5,475,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CarsonAllaria Wealth Management Ltd. purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $29,000. FMR LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $31,000. Global Trust Asset Management LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $57,000. Private Trust Co. NA purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $67,000. Finally, HBC Financial Services PLLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $102,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO stock opened at $35.88 on Friday. VictoryShares Free Cash Flow ETF has a 1-year low of $27.86 and a 1-year high of $37.04. The stock’s fifty day moving average price is $35.29 and its 200 day moving average price is $33.73. The company has a market cap of $2.09 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were paid a dividend of $0.0062 per share. The ex-dividend date was Wednesday, January 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.