Madison Investment Advisors LLC Invests $1.24 Million in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Madison Investment Advisors LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 36,399 shares of the company’s stock, valued at approximately $1,241,000. Madison Investment Advisors LLC owned about 0.06% of VictoryShares Free Cash Flow ETF as of its most recent SEC filing.

Several other large investors also recently modified their holdings of VFLO. Commonwealth Equity Services LLC grew its stake in VictoryShares Free Cash Flow ETF by 74.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 693,621 shares of the company’s stock valued at $23,646,000 after buying an additional 295,584 shares in the last quarter. Hollencrest Capital Management purchased a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at approximately $290,000. Moors & Cabot Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at approximately $215,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in VictoryShares Free Cash Flow ETF by 10.5% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 27,346 shares of the company’s stock valued at $932,000 after buying an additional 2,599 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at approximately $36,524,000.

VictoryShares Free Cash Flow ETF Trading Down 0.5 %

VictoryShares Free Cash Flow ETF stock opened at $34.67 on Friday. VictoryShares Free Cash Flow ETF has a 1-year low of $30.19 and a 1-year high of $37.04. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 14.05 and a beta of 0.75. The firm has a 50 day simple moving average of $35.26 and a 200 day simple moving average of $34.58.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were paid a $0.0638 dividend. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 10th.

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.