GK Wealth Management LLC Purchases 16,944 Shares of VictoryShares Free Cash Flow Growth ETF $GFLW

GK Wealth Management LLC acquired a new stake in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,944 shares of the company’s stock, valued at approximately $566,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Elm3 Financial Group LLC lifted its stake in VictoryShares Free Cash Flow Growth ETF by 2.1% in the third quarter. Elm3 Financial Group LLC now owns 18,716 shares of the company’s stock worth $625,000 after acquiring an additional 389 shares during the period. Integrated Wealth Concepts LLC purchased a new position in VictoryShares Free Cash Flow Growth ETF during the 2nd quarter valued at about $27,000. Geneos Wealth Management Inc. purchased a new position in VictoryShares Free Cash Flow Growth ETF during the 1st quarter valued at about $32,000. Cetera Investment Advisers raised its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 21.7% in the 1st quarter. Cetera Investment Advisers now owns 26,159 shares of the company’s stock valued at $688,000 after purchasing an additional 4,659 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of VictoryShares Free Cash Flow Growth ETF by 4.3% in the 1st quarter. Sunbelt Securities Inc. now owns 137,598 shares of the company’s stock worth $3,618,000 after purchasing an additional 5,697 shares during the period.

VictoryShares Free Cash Flow Growth ETF Trading Up 1.0%

Shares of GFLW traded up $0.33 during mid-day trading on Friday, hitting $34.18. The company’s stock had a trading volume of 212,461 shares, compared to its average volume of 178,168. The company’s 50-day moving average is $33.70 and its 200-day moving average is $31.82. VictoryShares Free Cash Flow Growth ETF has a 52-week low of $25.00 and a 52-week high of $34.94. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 33.38 and a beta of 1.25.

VictoryShares Free Cash Flow Growth ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were paid a $0.1129 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $1.35 dividend on an annualized basis and a yield of 4.0%.

VictoryShares Free Cash Flow Growth ETF Company Profile

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.