VictoryShares Free Cash Flow ETF $VFLO Stock Holdings Trimmed by Landmark Wealth Management LLC

Landmark Wealth Management LLC lowered its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 11.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 381,107 shares of the company’s stock after selling 50,758 shares during the quarter. VictoryShares Free Cash Flow ETF makes up approximately 4.7% of Landmark Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Landmark Wealth Management LLC owned approximately 0.17% of VictoryShares Free Cash Flow ETF worth $19,509,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VFLO. Bank of America Corp DE grew its position in shares of VictoryShares Free Cash Flow ETF by 10.3% during the first 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 last quarter. Envestnet Asset Management Inc. raised its position in VictoryShares Free Cash Flow ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,494,324 shares of the company’s stock valued at $114,115,000 after purchasing an additional 94,493 shares during the last quarter. Modern Wealth Management LLC raised its position in VictoryShares Free Cash Flow ETF by 18.0% in the 1st quarter. Modern Wealth Management LLC now owns 2,362,996 shares of the company’s stock valued at $93,740,000 after purchasing an additional 360,996 shares during the last quarter. Royal Bank of Canada raised its position in VictoryShares Free Cash Flow ETF by 11.2% in the 1st quarter. Royal Bank of Canada now owns 2,143,575 shares of the company’s stock valued at $84,628,000 after purchasing an additional 215,541 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth $77,594,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ:VFLO opened at $51.96 on Monday. VictoryShares Free Cash Flow ETF has a 1-year low of $36.73 and a 1-year high of $56.44. The stock has a market cap of $12.05 billion, a P/E ratio of 15.63 and a beta of 0.84. The firm has a fifty day moving average price of $53.49 and a 200 day moving average price of $46.53.

VictoryShares Free Cash Flow ETF Cuts Dividend

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

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.