Atria Wealth Solutions Inc. Takes $242,000 Position in VictoryShares Free Cash Flow ETF $VFLO

Atria Wealth Solutions Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,854 shares of the company’s stock, valued at approximately $242,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allworth Financial LP lifted its position in VictoryShares Free Cash Flow ETF by 505,519.9% during the 1st quarter. Allworth Financial LP now owns 6,573,059 shares of the company’s stock worth $215,991,000 after acquiring an additional 6,571,759 shares during the last quarter. LPL Financial LLC lifted its position in VictoryShares Free Cash Flow ETF by 85.6% during the 1st quarter. LPL Financial LLC now owns 7,635,991 shares of the company’s stock worth $261,762,000 after acquiring an additional 3,521,070 shares during the last quarter. Merit Financial Group LLC acquired a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth $82,501,000. Northwestern Mutual Wealth Management Co. lifted its position in VictoryShares Free Cash Flow ETF by 58.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,550,812 shares of the company’s stock worth $190,282,000 after acquiring an additional 2,056,804 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in VictoryShares Free Cash Flow ETF by 133.1% during the 1st quarter. Raymond James Financial Inc. now owns 2,497,102 shares of the company’s stock worth $85,601,000 after acquiring an additional 1,425,715 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO opened at $37.91 on Thursday. The firm’s 50-day moving average is $37.27 and its 200-day moving average is $35.25. VictoryShares Free Cash Flow ETF has a 52-week low of $29.48 and a 52-week high of $38.22. The company has a market cap of $4.99 billion, a price-to-earnings ratio of 13.70 and a beta of 0.94.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, October 9th were paid a $0.0395 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a c) dividend on an annualized basis and a yield of 1.3%.

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.