VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) Increases Dividend to $0.02 Per Share

VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) announced a monthly dividend on Monday, March 9th, NASDAQ Dividends reports. Shareholders of record on Tuesday, March 10th will be given a dividend of 0.0246 per share on Wednesday, March 11th. This represents a c) dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 10th. This is a 182.4% increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.008709.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

NYSEARCA SFLO traded down $0.48 during trading on Tuesday, reaching $29.75. 29,918 shares of the company’s stock were exchanged, compared to its average volume of 74,485. The company has a 50 day moving average price of $30.08 and a two-hundred day moving average price of $29.43. The stock has a market cap of $477.19 million, a P/E ratio of 10.93 and a beta of 1.18. VictoryShares Small Cap Free Cash Flow ETF has a 1 year low of $20.48 and a 1 year high of $30.78.

Institutional Investors Weigh In On VictoryShares Small Cap Free Cash Flow ETF

Several institutional investors have recently added to or reduced their stakes in SFLO. Toth Financial Advisory Corp purchased a new position in VictoryShares Small Cap Free Cash Flow ETF in the third quarter valued at approximately $32,000. Zions Bancorporation National Association UT purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF during the 4th quarter worth approximately $49,000. Bruce G. Allen Investments LLC lifted its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 547.7% during the 4th quarter. Bruce G. Allen Investments LLC now owns 1,859 shares of the company’s stock worth $55,000 after buying an additional 1,572 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF in the 4th quarter valued at $73,000. Finally, Comerica Bank boosted its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 379.3% in the 4th quarter. Comerica Bank now owns 5,119 shares of the company’s stock valued at $151,000 after buying an additional 4,051 shares in the last quarter.

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.