Summit Asset Management LLC Buys 19,200 Shares of VictoryShares Free Cash Flow ETF $VFLO

Summit Asset Management LLC lifted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 55.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 53,810 shares of the company’s stock after acquiring an additional 19,200 shares during the quarter. Summit Asset Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,902,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Ancora Advisors LLC bought a new position in VictoryShares Free Cash Flow ETF in the first quarter valued at approximately $33,000. Ameritas Advisory Services LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at approximately $36,000. Geneos Wealth Management Inc. boosted its holdings in shares of 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 valued at $39,000 after buying an additional 750 shares during the last quarter. Belpointe Asset Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the first quarter valued at $203,000. Finally, Wedbush Securities Inc. acquired a new position in VictoryShares Free Cash Flow ETF during the first quarter worth $219,000.

VictoryShares Free Cash Flow ETF Trading Up 1.1%

NASDAQ VFLO opened at $37.88 on Friday. The firm has a market capitalization of $5.01 billion, a P/E ratio of 13.70 and a beta of 0.91. The firm’s fifty day moving average price is $37.59 and its two-hundred day moving average price is $35.84. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $38.53.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, November 10th. Investors of record on Friday, November 7th will be paid a $0.025 dividend. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Friday, November 7th.

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.