Cadent Capital Advisors LLC Acquires New Holdings in VictoryShares Free Cash Flow ETF $VFLO

Cadent Capital Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Free Report) in the third quarter, Holdings Channel reports. The fund acquired 87,987 shares of the company’s stock, valued at approximately $4,504,000. VictoryShares Free Cash Flow ETF makes up approximately 1.0% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its 26th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Assetmark Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF by 80.4% in the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock valued at $53,000 after acquiring an additional 602 shares during the period. Silver Grove Financial Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth $60,000. Operose Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF during the second quarter valued at about $84,000. Geneos Wealth Management Inc. boosted its position in VictoryShares Free Cash Flow ETF by 39.9% during the first quarter. Geneos Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $138,000 after purchasing an additional 1,001 shares in the last quarter. Finally, Elm3 Financial Group LLC grew its stake in VictoryShares Free Cash Flow ETF by 5.7% in the third quarter. Elm3 Financial Group LLC now owns 4,621 shares of the company’s stock valued at $237,000 after purchasing an additional 249 shares during the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VictoryShares Free Cash Flow ETF stock traded down $0.03 during trading hours on Friday, reaching $52.88. The stock had a trading volume of 950,410 shares, compared to its average volume of 1,386,652. The company has a market cap of $11.30 billion, a price-to-earnings ratio of 13.70 and a beta of 0.87. The business’s 50 day moving average price is $53.23 and its 200-day moving average price is $47.40. VictoryShares Free Cash Flow ETF has a 52 week low of $36.56 and a 52 week high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 9th. Investors of record on Thursday, October 8th will be given a dividend of $0.0962 per share. The ex-dividend date of this dividend is Thursday, October 8th. This is a negative change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 dividend on an annualized basis and a yield of 2.2%.

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

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