Northwestern Mutual Wealth Management Co. Raises Holdings in VictoryShares Small Cap Free Cash Flow ETF $SFLO

Northwestern Mutual Wealth Management Co. increased its holdings in VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) by 58.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 88,028 shares of the company’s stock after acquiring an additional 32,513 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.55% of VictoryShares Small Cap Free Cash Flow ETF worth $2,596,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SFLO. Comerica Bank grew its position in VictoryShares Small Cap Free Cash Flow ETF by 379.3% in the fourth quarter. Comerica Bank now owns 5,119 shares of the company’s stock worth $151,000 after acquiring an additional 4,051 shares during the period. IAG Wealth Partners LLC purchased a new position in VictoryShares Small Cap Free Cash Flow ETF in the third quarter worth approximately $155,000. Cerity Partners LLC purchased a new position in VictoryShares Small Cap Free Cash Flow ETF in the second quarter worth approximately $211,000. Triumph Capital Management purchased a new position in VictoryShares Small Cap Free Cash Flow ETF in the third quarter worth approximately $285,000. Finally, Maridea Wealth Management LLC purchased a new position in VictoryShares Small Cap Free Cash Flow ETF in the third quarter worth approximately $292,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

Shares of VictoryShares Small Cap Free Cash Flow ETF stock opened at $33.17 on Friday. The firm has a market capitalization of $555.93 million, a price-to-earnings ratio of 10.93 and a beta of 0.92. VictoryShares Small Cap Free Cash Flow ETF has a fifty-two week low of $25.74 and a fifty-two week high of $34.37. The stock has a 50 day moving average of $31.99 and a 200 day moving average of $30.57.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were given a $0.0575 dividend. The ex-dividend date was Thursday, April 9th. This is a positive change from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a yield of 2.1%.

VictoryShares Small Cap Free Cash Flow ETF Company Profile

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.