VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Position Increased by Traphagen Investment Advisors LLC

Traphagen Investment Advisors LLC increased its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 3.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,616,914 shares of the company’s stock after purchasing an additional 47,932 shares during the period. VictoryShares Free Cash Flow ETF comprises approximately 5.4% of Traphagen Investment Advisors LLC’s holdings, making the stock its 5th largest position. Traphagen Investment Advisors LLC owned about 0.05% of VictoryShares Free Cash Flow ETF worth $53,843,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $71,693,000. Commonwealth Equity Services LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 101.4% in the first quarter. Commonwealth Equity Services LLC now owns 41,315 shares of the company’s stock valued at $1,339,000 after purchasing an additional 20,798 shares during the period. Hartline Investment Corp purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth about $264,000. WBI Investments LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 1st quarter valued at $7,173,000. Finally, Cetera Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $1,367,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ VFLO traded down $0.36 during trading hours on Tuesday, hitting $33.20. The company had a trading volume of 38,480 shares, compared to its average volume of 216,493. VictoryShares Free Cash Flow ETF has a fifty-two week low of $24.61 and a fifty-two week high of $34.17. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75. The firm’s 50 day moving average is $32.95 and its 200 day moving average is $31.90.

VictoryShares Free Cash Flow ETF Announces Dividend

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

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.