Western Wealth Management LLC Buys 20,796 Shares of VictoryShares Free Cash Flow ETF $VFLO

Western Wealth Management LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 8.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 268,567 shares of the company’s stock after buying an additional 20,796 shares during the quarter. Western Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $10,603,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VFLO. Vantage Financial Partners LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 2.3% in the 4th 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 holdings in VictoryShares Free Cash Flow ETF by 5.1% during the fourth quarter. Truist Financial Corp now owns 296,075 shares of the company’s stock worth $11,659,000 after acquiring an additional 14,257 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in VictoryShares Free Cash Flow ETF by 92.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 37,783 shares of the company’s stock valued at $1,488,000 after acquiring an additional 18,154 shares during the period. Ledyard National Bank grew its stake in 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 acquiring an additional 233,685 shares during the period. Finally, Traphagen Investment Advisors LLC increased its stake in VictoryShares Free Cash Flow ETF by 3.6% during the 4th quarter. Traphagen Investment Advisors LLC now owns 2,392,021 shares of the company’s stock worth $94,198,000 after purchasing an additional 82,791 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Down 1.2%

Shares of NASDAQ:VFLO opened at $49.62 on Friday. The company’s fifty day simple moving average is $46.71 and its 200 day simple moving average is $42.71. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $50.67. The firm has a market cap of $8.89 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.0249 per share. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 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.