Teamwork Financial Advisors LLC Acquires 534,484 Shares of VictoryShares Small Cap Free Cash Flow ETF $SFLO

Teamwork Financial Advisors LLC acquired a new position in VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 534,484 shares of the company’s stock, valued at approximately $19,888,000. VictoryShares Small Cap Free Cash Flow ETF comprises about 2.2% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Teamwork Financial Advisors LLC owned approximately 2.49% of VictoryShares Small Cap Free Cash Flow ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its position in VictoryShares Small Cap Free Cash Flow ETF by 15.3% during the 1st quarter. Bank of America Corp DE now owns 1,958,594 shares of the company’s stock worth $58,817,000 after purchasing an additional 260,334 shares during the last quarter. Boothe Investment Group Inc. grew its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 0.7% in the 1st quarter. Boothe Investment Group Inc. now owns 610,384 shares of the company’s stock valued at $18,330,000 after buying an additional 4,136 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 22.5% in the 1st quarter. NewEdge Advisors LLC now owns 588,682 shares of the company’s stock valued at $17,678,000 after buying an additional 108,051 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 8.3% in the second quarter. Envestnet Asset Management Inc. now owns 382,107 shares of the company’s stock valued at $13,068,000 after buying an additional 29,440 shares during the period. Finally, Rockefeller Capital Management L.P. increased its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 8,214.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 411,874 shares of the company’s stock valued at $12,144,000 after buying an additional 406,920 shares during the period.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

Shares of SFLO traded up $0.22 during mid-day trading on Monday, reaching $38.97. 287,298 shares of the company were exchanged, compared to its average volume of 99,329. VictoryShares Small Cap Free Cash Flow ETF has a 52 week low of $27.45 and a 52 week high of $42.00. The stock has a market capitalization of $837.08 million, a PE ratio of 10.93 and a beta of 0.90. The business has a 50 day simple moving average of $38.85 and a two-hundred day simple moving average of $35.54.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were given a dividend of $0.0342 per share. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $0.41 dividend on an annualized basis and a yield of 1.1%. This is a drop from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.0498.

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.