Tempus Wealth Planning LLC Makes New Investment in VictoryShares Free Cash Flow ETF $VFLO

Tempus Wealth Planning LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 25,645 shares of the company’s stock, valued at approximately $1,313,000.

Several other institutional investors have also modified their holdings of VFLO. Bank of America Corp DE increased its holdings in shares of VictoryShares Free Cash Flow ETF by 10.3% in the 1st quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock worth $630,396,000 after acquiring an additional 1,489,192 shares during the period. Parallel Advisors LLC lifted its position in VictoryShares Free Cash Flow ETF by 1,319.3% in the 1st quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock valued at $60,738,000 after purchasing an additional 1,430,052 shares during the last quarter. Wilkerson Advisory Group LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $23,102,000. Curry Webb Wealth Management LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $15,459,000. Finally, Kirkwood Financial Services acquired a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at about $17,750,000.

VictoryShares Free Cash Flow ETF Stock Down 0.1%

NASDAQ VFLO traded down $0.04 on Wednesday, hitting $53.16. The stock had a trading volume of 1,785,257 shares, compared to its average volume of 1,397,346. The company’s 50-day moving average is $53.41 and its two-hundred day moving average is $47.68. The stock has a market cap of $11.38 billion, a price-to-earnings ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a one year low of $36.73 and a one year high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were given a dividend of $0.0962 per share. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. The ex-dividend date was Thursday, October 8th. This represents a $1.15 dividend on an annualized basis and a yield of 2.2%.

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.