Jones Financial Companies Lllp Makes New Investment in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Jones Financial Companies Lllp bought a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the fourth quarter, HoldingsChannel reports. The fund bought 1,723 shares of the company’s stock, valued at approximately $59,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. FMR LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $31,000. Allworth Financial LP acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $47,000. Global Trust Asset Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $57,000. Kestra Investment Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $62,000. Finally, Private Trust Co. NA acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at about $67,000.

VictoryShares Free Cash Flow ETF Trading Up 1.4 %

Shares of VFLO stock opened at $34.57 on Tuesday. The stock has a market cap of $2.15 billion, a price-to-earnings ratio of 14.05 and a beta of 0.75. The stock has a 50-day moving average of $35.25 and a 200-day moving average of $34.56. VictoryShares Free Cash Flow ETF has a 1-year low of $30.19 and a 1-year high of $37.04.

VictoryShares Free Cash Flow ETF Increases Dividend

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

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.