VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Shares Sold by Financial Designs Corp

Financial Designs Corp decreased its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 5.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 239,395 shares of the company’s stock after selling 13,329 shares during the quarter. VictoryShares Free Cash Flow ETF makes up approximately 5.4% of Financial Designs Corp’s investment portfolio, making the stock its 7th largest position. Financial Designs Corp’s holdings in VictoryShares Free Cash Flow ETF were worth $8,161,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CarsonAllaria Wealth Management Ltd. purchased a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $29,000. FMR LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $31,000. Global Trust Asset Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter worth $57,000. Private Trust Co. NA purchased a new stake in VictoryShares Free Cash Flow ETF during the third quarter worth $67,000. Finally, HBC Financial Services PLLC acquired a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at $102,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $36.15 on Friday. The firm has a 50-day simple moving average of $35.27 and a two-hundred day simple moving average of $33.65. VictoryShares Free Cash Flow ETF has a fifty-two week low of $27.86 and a fifty-two week high of $37.04. The company has a market cap of $1.97 billion, a P/E ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0062 dividend. The ex-dividend date was Wednesday, January 8th.

VictoryShares Free Cash Flow ETF 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.