NewEdge Advisors LLC Sells 425,313 Shares of VictoryShares Small Cap Free Cash Flow ETF $SFLO

NewEdge Advisors LLC lessened its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) by 88.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 55,318 shares of the company’s stock after selling 425,313 shares during the period. NewEdge Advisors LLC’s holdings in VictoryShares Small Cap Free Cash Flow ETF were worth $1,661,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in VictoryShares Small Cap Free Cash Flow ETF by 15.3% in the 1st quarter. Bank of America Corp DE now owns 1,958,594 shares of the company’s stock valued at $58,817,000 after buying an additional 260,334 shares during the last quarter. Excelsior Advisor Network LLC lifted its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 2.6% during the first quarter. Excelsior Advisor Network LLC now owns 21,934 shares of the company’s stock worth $659,000 after buying an additional 552 shares during the last quarter. Cetera Investment Advisers acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF during the first quarter worth approximately $499,000. D.A. Davidson & CO. lifted its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 29.8% during the first quarter. D.A. Davidson & CO. now owns 50,376 shares of the company’s stock worth $1,513,000 after buying an additional 11,578 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the first quarter valued at approximately $125,000.

VictoryShares Small Cap Free Cash Flow ETF Trading Up 0.3%

Shares of VictoryShares Small Cap Free Cash Flow ETF stock opened at $37.53 on Friday. The company’s fifty day simple moving average is $34.70 and its 200-day simple moving average is $32.12. The company has a market cap of $678.92 million, a price-to-earnings ratio of 10.93 and a beta of 0.90. VictoryShares Small Cap Free Cash Flow ETF has a 1 year low of $26.02 and a 1 year high of $38.42.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a $0.0251 dividend. The ex-dividend date was Thursday, July 9th. This is a positive change from VictoryShares Small Cap Free Cash Flow ETF’s previous dividend of $0.02.

VictoryShares Small Cap Free Cash Flow ETF 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.