Curry Webb Wealth Management LLC Takes Position in VictoryShares Free Cash Flow ETF $VFLO

Curry Webb Wealth Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 391,553 shares of the company’s stock, valued at approximately $15,459,000. VictoryShares Free Cash Flow ETF accounts for 7.3% of Curry Webb Wealth Management LLC’s portfolio, making the stock its 4th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sei Investments Co. boosted its stake in VictoryShares Free Cash Flow ETF by 4.1% in the 1st quarter. Sei Investments Co. now owns 6,903 shares of the company’s stock valued at $273,000 after buying an additional 275 shares in the last quarter. Private Trust Co. NA raised its stake in VictoryShares Free Cash Flow ETF by 4.7% during the fourth quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock worth $523,000 after acquiring an additional 600 shares in the last quarter. Assetmark Inc. raised 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 acquiring an additional 602 shares in the last quarter. Kingdom Financial Group LLC. bought a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at $25,000. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF by 0.8% in the 4th quarter. Cornerstone Wealth Management LLC now owns 92,426 shares of the company’s stock valued at $3,640,000 after purchasing an additional 712 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO opened at $49.74 on Monday. The firm’s 50-day simple moving average is $46.82 and its 200-day simple moving average is $42.77. VictoryShares Free Cash Flow ETF has a twelve month low of $34.11 and a twelve month high of $50.67. The firm has a market cap of $9.01 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 declared a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a $0.0249 dividend. The ex-dividend date was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 0.6%.

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.