VictoryShares Free Cash Flow ETF $VFLO Holdings Increased by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 49.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 106,865 shares of the company’s stock after purchasing an additional 35,432 shares during the period. Kestra Advisory Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $5,470,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in VictoryShares Free Cash Flow ETF during the third quarter valued at about $44,000. Assetmark Inc. grew its stake in VictoryShares Free Cash Flow ETF by 80.4% during the first quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after buying an additional 602 shares during the period. Pension & Wealth Management Advisors Inc. increased its position in shares of VictoryShares Free Cash Flow ETF by 35.9% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,359 shares of the company’s stock worth $70,000 after acquiring an additional 359 shares in the last quarter. Operose Advisors LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $84,000. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 39.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $138,000 after acquiring an additional 1,001 shares in the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 0.6%

Shares of NASDAQ VFLO opened at $53.24 on Friday. VictoryShares Free Cash Flow ETF has a 12-month low of $36.73 and a 12-month high of $56.44. The stock has a fifty day moving average price of $53.29 and a 200 day moving average price of $46.79. The company has a market cap of $12.52 billion, a P/E ratio of 15.63 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, November 6th were given a $0.0711 dividend. This represents a $0.85 annualized dividend and a yield of 1.6%. This is a negative change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0962. The ex-dividend date of this dividend was Friday, November 6th.

VictoryShares Free Cash Flow ETF Company 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.