VictoryShares Small Cap Free Cash Flow ETF $SFLO Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) by 38.5% during the third quarter, Holdings Channel.com reports. The institutional investor owned 353,353 shares of the company’s stock after buying an additional 98,232 shares during the period. Envestnet Asset Management Inc.’s holdings in VictoryShares Small Cap Free Cash Flow ETF were worth $10,286,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Raymond James Financial Inc. raised its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 71.3% in the second quarter. Raymond James Financial Inc. now owns 1,072,570 shares of the company’s stock valued at $28,112,000 after acquiring an additional 446,586 shares in the last quarter. Bank of America Corp DE raised its position in VictoryShares Small Cap Free Cash Flow ETF by 640.4% in the 2nd quarter. Bank of America Corp DE now owns 777,055 shares of the company’s stock valued at $20,367,000 after purchasing an additional 672,101 shares in the last quarter. Boothe Investment Group Inc. boosted its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 1.2% in the 3rd quarter. Boothe Investment Group Inc. now owns 596,575 shares of the company’s stock valued at $17,366,000 after buying an additional 6,944 shares during the period. MML Investors Services LLC grew its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 4.3% during the second quarter. MML Investors Services LLC now owns 260,018 shares of the company’s stock worth $6,815,000 after buying an additional 10,699 shares in the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 11.7% during the second quarter. Foundations Investment Advisors LLC now owns 204,182 shares of the company’s stock worth $5,352,000 after buying an additional 21,432 shares during the period.

VictoryShares Small Cap Free Cash Flow ETF Stock Up 1.0%

Shares of NYSEARCA:SFLO opened at $30.14 on Thursday. VictoryShares Small Cap Free Cash Flow ETF has a fifty-two week low of $20.48 and a fifty-two week high of $30.62. The firm’s 50 day moving average price is $29.97 and its 200 day moving average price is $29.17. The stock has a market cap of $483.45 million, a price-to-earnings ratio of 10.93 and a beta of 1.18.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were given a dividend of $0.0087 per share. This is an increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Monday, February 9th. This represents a c) annualized dividend and a dividend yield of 0.3%.

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.