Atlas Wealth LLC Invests $335,000 in VictoryShares Free Cash Flow ETF $VFLO

Atlas Wealth LLC acquired a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the second quarter, HoldingsChannel reports. The institutional investor acquired 9,315 shares of the company’s stock, valued at approximately $335,000.

Other large investors have also recently made changes to their positions in the company. Ancora Advisors LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 1st quarter worth approximately $33,000. Ameritas Advisory Services LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at about $36,000. HM Payson & Co. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the first quarter valued at about $35,000. Geneos Wealth Management Inc. increased its position in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the period. Finally, Belpointe Asset Management LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the first quarter valued at about $203,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO opened at $37.45 on Wednesday. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $38.53. The stock has a market capitalization of $4.95 billion, a P/E ratio of 13.70 and a beta of 0.91. The company’s 50-day moving average is $37.56 and its 200 day moving average is $35.74.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, October 9th were given a dividend of $0.0395 per share. The ex-dividend date was Thursday, October 9th. This represents a c) annualized dividend and a dividend yield of 1.3%.

VictoryShares Free Cash Flow ETF Profile

The VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that is based on the Victory US Large Cap Free Cash Flow index. The fund tracks an index composed of the largest U.S. companies based on profit that are perceived to have strong free cash flow yields and high growth metrics VFLO was launched on Jun 21, 2023 and is managed by VictoryShares.