VictoryShares Free Cash Flow ETF $VFLO Stock Position Decreased by Yukon Wealth Management Inc.

Yukon Wealth Management Inc. lessened its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 51.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,251 shares of the company’s stock after selling 14,077 shares during the quarter. Yukon Wealth Management Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $526,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of VFLO. Bank of America Corp DE grew its position in shares of VictoryShares Free Cash Flow ETF by 29.5% during the 2nd quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock valued at $446,098,000 after buying an additional 2,874,353 shares during the last quarter. HighTower Advisors LLC grew its position in VictoryShares Free Cash Flow ETF by 71.7% in the 3rd quarter. HighTower Advisors LLC now owns 2,857,239 shares of the company’s stock worth $107,147,000 after purchasing an additional 1,193,452 shares during the last quarter. Ameriprise Financial Inc. bought a new position in VictoryShares Free Cash Flow ETF in the 2nd quarter worth about $35,234,000. Raymond James Financial Inc. grew its position in VictoryShares Free Cash Flow ETF by 37.2% in the 2nd quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock worth $121,134,000 after purchasing an additional 929,599 shares during the last quarter. Finally, Two Sigma Investments LP bought a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $32,786,000.

VictoryShares Free Cash Flow ETF Trading Up 3.7%

NASDAQ VFLO opened at $46.57 on Friday. VictoryShares Free Cash Flow ETF has a 52 week low of $33.61 and a 52 week high of $46.63. The stock has a market cap of $7.39 billion, a price-to-earnings ratio of 13.70 and a beta of 0.80. The company has a 50-day moving average price of $41.63 and a two-hundred day moving average price of $40.25.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a $0.0134 dividend. The ex-dividend date was Friday, May 8th. This represents a c) annualized dividend and a yield of 0.3%.

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.