Wealthcare Advisory Partners LLC Acquires Shares of 43,589 VictoryShares Free Cash Flow ETF $VFLO

Wealthcare Advisory Partners LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 43,589 shares of the company’s stock, valued at approximately $1,541,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VFLO. Farther Finance Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the first quarter valued at approximately $5,583,000. Fourpath Capital Management LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 22.9% in the first quarter. Fourpath Capital Management LLC now owns 13,738 shares of the company’s stock worth $471,000 after buying an additional 2,562 shares during the period. Sowa Financial Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the first quarter worth approximately $381,000. Krilogy Financial LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 18.6% in the first quarter. Krilogy Financial LLC now owns 1,138,291 shares of the company’s stock worth $39,021,000 after buying an additional 178,842 shares during the period. Finally, Goldstone Financial Group LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 13.4% in the first quarter. Goldstone Financial Group LLC now owns 118,943 shares of the company’s stock worth $4,077,000 after buying an additional 14,040 shares during the period.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ VFLO opened at $37.82 on Wednesday. The business’s 50 day moving average price is $36.71 and its 200-day moving average price is $35.01. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $38.22. The company has a market cap of $4.86 billion, a price-to-earnings ratio of 13.70 and a beta of 0.94.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, September 8th were issued a $0.1465 dividend. The ex-dividend date was Monday, September 8th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.00. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.