VictoryShares Free Cash Flow ETF (VFLO) to Issue Monthly Dividend of $0.05 on June 10th

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) announced a monthly dividend on Monday, June 8th, NASDAQ Dividends reports. Shareholders of record on Tuesday, June 9th will be given a dividend of 0.0469 per share on Wednesday, June 10th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, June 9th. This is a 248.8% increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ VFLO opened at $45.91 on Wednesday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $48.24. The stock has a 50 day simple moving average of $42.69 and a two-hundred day simple moving average of $40.71. The stock has a market cap of $7.29 billion, a P/E ratio of 13.70 and a beta of 0.84.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Several institutional investors and hedge funds have recently bought and sold shares of VFLO. Kingdom Financial Group LLC. purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $25,000. Geneos Wealth Management Inc. lifted its holdings in VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the period. Assetmark Inc. lifted its holdings in VictoryShares Free Cash Flow ETF by 285.3% in the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after buying an additional 890 shares during the period. Zions Bancorporation National Association UT bought a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $52,000. Finally, Silver Grove Financial Group Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $60,000.

About VictoryShares Free Cash Flow ETF

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.