Revisor Wealth Management LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,480 shares of the company’s stock, valued at approximately $1,340,000.
Other hedge funds have also made changes to their positions in the company. Prime Capital Investment Advisors LLC lifted its position in VictoryShares Free Cash Flow ETF by 5.4% during the third quarter. Prime Capital Investment Advisors LLC now owns 56,728 shares of the company’s stock worth $2,904,000 after buying an additional 2,915 shares during the period. Maia Wealth LLC boosted its stake in VictoryShares Free Cash Flow ETF by 49.7% in the 3rd quarter. Maia Wealth LLC now owns 60,040 shares of the company’s stock worth $3,073,000 after buying an additional 19,920 shares during the last quarter. Hidden Cove Wealth Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $4,334,000. Teamwork Financial Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter valued at about $21,756,000. Finally, Investment Research & Advisory Group Inc. purchased a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter valued at about $410,000.
VictoryShares Free Cash Flow ETF Price Performance
NASDAQ VFLO opened at $54.74 on Wednesday. VictoryShares Free Cash Flow ETF has a 12 month low of $36.73 and a 12 month high of $56.44. The company has a 50-day moving average of $53.65 and a 200-day moving average of $48.21. The company has a market cap of $11.95 billion, a P/E ratio of 13.70 and a beta of 0.87.
VictoryShares Free Cash Flow ETF Cuts Dividend
The business also recently announced a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were given a $0.0962 dividend. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, October 8th.
VictoryShares Free Cash Flow ETF Company 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.
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