VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Strong Trading Volume – Should You Buy?

Posted by Matthew Steigler on Dec 11th, 2024

Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 532,198 shares traded hands during mid-day trading, an increase of 106% from the previous session’s volume of 258,105 shares.The stock last traded at $35.52 and had previously closed at $35.47.

VictoryShares Free Cash Flow ETF Stock Performance

The firm has a market cap of $1.19 billion, a PE ratio of 13.10 and a beta of 0.75. The stock has a 50-day simple moving average of $34.77 and a two-hundred day simple moving average of $32.86.

VictoryShares Free Cash Flow ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a dividend of $0.0053 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.06 annualized dividend and a dividend yield of 0.18%.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CarsonAllaria Wealth Management Ltd. bought a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $29,000. FMR LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the third quarter valued at $31,000. Private Trust Co. NA bought a new position in VictoryShares Free Cash Flow ETF in the third quarter valued at about $67,000. Raleigh Capital Management Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the third quarter worth about $175,000. Finally, Thoroughbred Financial Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter valued at about $209,000.

VictoryShares Free Cash Flow ETF Company Profile

(Get Free Report)

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.