VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) Announces $0.01 Monthly Dividend

VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) declared a monthly dividend on Wednesday, January 7th. Investors of record on Thursday, January 8th will be paid a dividend of 0.0064 per share on Friday, January 9th. This represents a c) dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, January 8th.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

Shares of NYSEARCA SFLO opened at $29.90 on Thursday. VictoryShares Small Cap Free Cash Flow ETF has a one year low of $20.48 and a one year high of $30.50. The firm has a market capitalization of $451.71 million, a P/E ratio of 10.93 and a beta of 1.18. The company’s fifty day moving average is $29.22 and its two-hundred day moving average is $28.52.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SFLO. Stratos Wealth Partners LTD. purchased a new position in VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at approximately $227,000. Royal Bank of Canada boosted its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 378.6% in the 1st quarter. Royal Bank of Canada now owns 683,788 shares of the company’s stock worth $16,773,000 after buying an additional 540,908 shares in the last quarter. Western Wealth Management LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at about $210,000. Foundations Investment Advisors LLC grew its stake in VictoryShares Small Cap Free Cash Flow ETF by 11.7% in the 2nd quarter. Foundations Investment Advisors LLC now owns 204,182 shares of the company’s stock valued at $5,352,000 after acquiring an additional 21,432 shares during the last quarter. Finally, WBI Investments LLC purchased a new position in VictoryShares Small Cap Free Cash Flow ETF during the 1st quarter valued at about $1,238,000.

About VictoryShares Small Cap Free Cash Flow ETF

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.