Northwestern Mutual Wealth Management Co. Has $291.41 Million Stock Position in VictoryShares Free Cash Flow ETF $VFLO

Northwestern Mutual Wealth Management Co. boosted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLOFree Report) by 9.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 7,399,957 shares of the company’s stock after purchasing an additional 659,124 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in VictoryShares Free Cash Flow ETF were worth $291,410,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Kingdom Financial Group LLC. acquired a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at $25,000. Geneos Wealth Management Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Assetmark Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 285.3% in the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock valued at $45,000 after acquiring an additional 890 shares during the last quarter. MCF Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $65,000. Finally, Clayton Financial Group LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at approximately $99,000.

VictoryShares Free Cash Flow ETF Stock Up 0.8%

NASDAQ VFLO opened at $44.93 on Friday. The stock has a market capitalization of $7.13 billion, a PE ratio of 13.70 and a beta of 0.80. The company has a 50 day moving average price of $41.49 and a two-hundred day moving average price of $40.20. VictoryShares Free Cash Flow ETF has a 12-month low of $33.61 and a 12-month high of $45.15.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were paid a $0.0134 dividend. The ex-dividend date was Friday, May 8th. This represents a c) dividend on an annualized basis and a yield of 0.4%.

VictoryShares Free Cash Flow ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding VFLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VictoryShares Free Cash Flow ETF (NASDAQ:VFLOFree Report).

Institutional Ownership by Quarter for VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

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