VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Unusually-High Trading Volume

Posted by Stacy Sanders on Jul 25th, 2024

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 704,052 shares traded hands during mid-day trading, an increase of 367% from the previous session’s volume of 150,679 shares.The stock last traded at $31.83 and had previously closed at $32.00.

VictoryShares Free Cash Flow ETF Stock Up 1.1 %

The company’s 50-day moving average is $31.21 and its two-hundred day moving average is $30.57. The company has a market cap of $528.62 million, a P/E ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, July 11th. Shareholders of record on Wednesday, July 10th were paid a $0.0089 dividend. This represents a $0.11 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date was Wednesday, July 10th.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Large investors have recently modified their holdings of the stock. Raymond James & Associates purchased a new position in VictoryShares Free Cash Flow ETF in the fourth quarter valued at approximately $368,000. Raymond James Financial Services Advisors Inc. purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth about $360,000. Financial Enhancement Group LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth about $672,000. Financial Designs Corp bought a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter valued at about $7,257,000. Finally, VitalStone Financial LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $1,312,000.

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.