VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by OneAscent Financial Services LLC

OneAscent Financial Services LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 36.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 196,453 shares of the company’s stock after buying an additional 52,965 shares during the quarter. VictoryShares Free Cash Flow ETF makes up approximately 0.7% of OneAscent Financial Services LLC’s portfolio, making the stock its 20th biggest position. OneAscent Financial Services LLC owned 0.13% of VictoryShares Free Cash Flow ETF worth $7,736,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE grew its position in shares of VictoryShares Free Cash Flow ETF by 7.2% during the third quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock worth $507,447,000 after buying an additional 912,446 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of VictoryShares Free Cash Flow ETF by 9.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock worth $291,410,000 after buying an additional 659,124 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 23.6% during the third quarter. Raymond James Financial Inc. now owns 4,236,356 shares of the company’s stock worth $158,863,000 after buying an additional 809,655 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 2.9% during the third quarter. Victory Capital Management Inc. now owns 4,051,250 shares of the company’s stock worth $151,922,000 after buying an additional 115,000 shares in the last quarter. Finally, Allworth Financial LP grew its position in shares of VictoryShares Free Cash Flow ETF by 1.0% during the fourth quarter. Allworth Financial LP now owns 3,548,818 shares of the company’s stock worth $139,752,000 after buying an additional 36,801 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $46.05 on Friday. VictoryShares Free Cash Flow ETF has a one year low of $34.11 and a one year high of $48.24. The company has a market cap of $7.31 billion, a PE ratio of 13.70 and a beta of 0.84. The business has a 50-day simple moving average of $42.42 and a 200-day simple moving average of $40.57.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were given a dividend of $0.0134 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%.

VictoryShares Free Cash Flow ETF Company 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.