VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) Plans Dividend Increase – $0.05 Per Share

VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) announced a monthly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be given a dividend of 0.0537 per share on Friday, December 12th. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, December 11th. This is a 894.4% increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.005402.

VictoryShares Small Cap Free Cash Flow ETF Trading Up 0.9%

Shares of SFLO stock opened at $30.28 on Thursday. The company has a market capitalization of $414.23 million, a P/E ratio of 10.93 and a beta of 1.18. The business’s 50 day moving average is $28.81 and its two-hundred day moving average is $27.94. VictoryShares Small Cap Free Cash Flow ETF has a twelve month low of $20.48 and a twelve month high of $30.40.

Hedge Funds Weigh In On VictoryShares Small Cap Free Cash Flow ETF

Large investors have recently bought and sold shares of the company. Comerica Bank purchased a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 1st quarter valued at approximately $693,000. Stratos Wealth Partners LTD. acquired a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at approximately $227,000. HighTower Advisors LLC purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the first quarter valued at approximately $600,000. Raymond James Financial Inc. boosted its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 54.4% in the first quarter. Raymond James Financial Inc. now owns 625,984 shares of the company’s stock valued at $15,355,000 after buying an additional 220,628 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in VictoryShares Small Cap Free Cash Flow ETF by 378.6% during the first quarter. Royal Bank of Canada now owns 683,788 shares of the company’s stock worth $16,773,000 after acquiring an additional 540,908 shares during the period.

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.