Commonwealth Equity Services LLC Makes New $77.59 Million Investment in VictoryShares Free Cash Flow ETF $VFLO

Commonwealth Equity Services LLC bought a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,515,806 shares of the company’s stock, valued at approximately $77,594,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Integras Partners LLC boosted its holdings in VictoryShares Free Cash Flow ETF by 31.2% in the 3rd quarter. Integras Partners LLC now owns 21,534 shares of the company’s stock valued at $1,102,000 after purchasing an additional 5,117 shares in the last quarter. First Nebraska Trust Co acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $444,000. Keeler Thomas Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $498,000. Accordant Advisory Group Inc purchased a new stake in VictoryShares Free Cash Flow ETF during the third quarter worth $9,022,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in VictoryShares Free Cash Flow ETF in the third quarter valued at $1,126,000.

VictoryShares Free Cash Flow ETF Trading Down 0.8%

Shares of VFLO stock traded down $0.44 during mid-day trading on Friday, reaching $51.96. The stock had a trading volume of 4,273,338 shares, compared to its average volume of 1,501,551. The business has a 50-day simple moving average of $53.49 and a 200 day simple moving average of $46.53. 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 market cap of $12.03 billion, a P/E ratio of 15.63 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, November 6th will be given a $0.0711 dividend. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0962. This represents a $0.85 annualized dividend and a dividend yield of 1.6%. The ex-dividend date is Friday, November 6th.

About VictoryShares Free Cash Flow ETF

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.