IHT Wealth Management LLC Buys 54,384 Shares of VictoryShares Free Cash Flow ETF $VFLO

IHT Wealth Management LLC lifted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 48.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 166,187 shares of the company’s stock after buying an additional 54,384 shares during the period. IHT Wealth Management LLC owned about 0.11% of VictoryShares Free Cash Flow ETF worth $6,544,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Vantage Financial Partners LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 2.3% in the fourth quarter. Vantage Financial Partners LLC now owns 802,562 shares of the company’s stock valued at $31,605,000 after buying an additional 18,106 shares during the period. Truist Financial Corp lifted its stake in shares of VictoryShares Free Cash Flow ETF by 5.1% in the fourth quarter. Truist Financial Corp now owns 296,075 shares of the company’s stock valued at $11,659,000 after buying an additional 14,257 shares during the period. Traphagen Investment Advisors LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 3.6% in the fourth quarter. Traphagen Investment Advisors LLC now owns 2,392,021 shares of the company’s stock valued at $94,198,000 after buying an additional 82,791 shares during the period. Ledyard National Bank lifted its stake in shares of VictoryShares Free Cash Flow ETF by 138.5% in the fourth quarter. Ledyard National Bank now owns 402,353 shares of the company’s stock valued at $15,845,000 after buying an additional 233,685 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in VictoryShares Free Cash Flow ETF by 92.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 37,783 shares of the company’s stock worth $1,488,000 after buying an additional 18,154 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VFLO opened at $45.23 on Thursday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $48.24. The firm’s fifty day moving average price is $43.45 and its two-hundred day moving average price is $41.05. The company has a market capitalization of $7.18 billion, a P/E ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.0469 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, June 9th.

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.