Riversedge Advisors LLC Makes New Investment in VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO)

Riversedge Advisors LLC bought a new stake in VictoryShares Small Cap Free Cash Flow ETF (NYSEARCA:SFLO) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 396,721 shares of the company’s stock, valued at approximately $10,620,000. VictoryShares Small Cap Free Cash Flow ETF accounts for 2.4% of Riversedge Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Riversedge Advisors LLC owned about 23.34% of VictoryShares Small Cap Free Cash Flow ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SFLO. Envestnet Asset Management Inc. acquired a new position in shares of VictoryShares Small Cap Free Cash Flow ETF during the second quarter worth about $5,642,000. Commonwealth Equity Services LLC acquired a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF in the 2nd quarter valued at $213,000. Smith Anglin Financial LLC purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF during the 3rd quarter worth $206,000. Finally, Masso Torrence Wealth Management Inc. lifted its position in shares of VictoryShares Small Cap Free Cash Flow ETF by 0.6% during the 2nd quarter. Masso Torrence Wealth Management Inc. now owns 63,997 shares of the company’s stock worth $1,668,000 after purchasing an additional 376 shares during the last quarter.

VictoryShares Small Cap Free Cash Flow ETF Trading Down 0.3 %

NYSEARCA:SFLO traded down $0.07 during trading hours on Thursday, hitting $27.15. The company’s stock had a trading volume of 17,540 shares, compared to its average volume of 32,971. The stock has a market capitalization of $46.16 million, a P/E ratio of 9.01 and a beta of 0.91. The stock has a fifty day moving average of $26.41 and a 200-day moving average of $26.39. VictoryShares Small Cap Free Cash Flow ETF has a 52-week low of $24.24 and a 52-week high of $28.64.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were issued a $0.0179 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.79%. This is an increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.00.

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.