Moors & Cabot Inc. Grows Stock Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Moors & Cabot Inc. lifted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 52.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,579 shares of the company’s stock after buying an additional 3,279 shares during the period. Moors & Cabot Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $328,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of VFLO. HM Payson & Co. purchased a new position in shares of VictoryShares Free Cash Flow ETF in the first quarter worth about $35,000. Burkett Financial Services LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the first quarter worth about $45,000. Tower Research Capital LLC TRC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter worth about $194,000. Smith Salley Wealth Management purchased a new position in shares of VictoryShares Free Cash Flow ETF in the first quarter worth about $201,000. Finally, Golden State Wealth Management LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 6,000 shares of the company’s stock worth $206,000 after buying an additional 3,000 shares during the period.

VictoryShares Free Cash Flow ETF Trading Up 1.0%

VFLO opened at $34.70 on Tuesday. The company has a market cap of $4.27 billion, a P/E ratio of 13.70 and a beta of 0.94. The business’s 50-day moving average price is $35.15 and its 200-day moving average price is $34.48. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 11th. Investors of record on Thursday, July 10th were issued a dividend of $0.0184 per share. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Thursday, July 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.