VictoryShares Free Cash Flow ETF $VFLO Shares Bought by Financial Enhancement Group LLC

Financial Enhancement Group LLC grew its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 468,187 shares of the company’s stock after buying an additional 19,550 shares during the period. VictoryShares Free Cash Flow ETF accounts for about 2.4% of Financial Enhancement Group LLC’s holdings, making the stock its 9th biggest holding. Financial Enhancement Group LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $19,551,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VFLO. Comprehensive Financial Planning Inc. PA lifted its stake in shares of VictoryShares Free Cash Flow ETF by 0.7% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock worth $1,682,000 after acquiring an additional 309 shares during the period. Private Trust Co. NA increased its position in VictoryShares Free Cash Flow ETF by 4.7% during the 4th quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock valued at $523,000 after purchasing an additional 600 shares during the period. Kingdom Financial Group LLC. acquired a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $25,000. Cornerstone Wealth Management LLC raised its holdings in VictoryShares Free Cash Flow ETF by 0.8% during the 4th quarter. Cornerstone Wealth Management LLC now owns 92,426 shares of the company’s stock worth $3,640,000 after purchasing an additional 712 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ VFLO opened at $45.50 on Thursday. The company has a market capitalization of $7.22 billion, a P/E ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 52-week low of $34.11 and a 52-week high of $48.24. The company’s 50 day moving average price is $43.97 and its 200-day moving average price is $41.27.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a dividend of $0.0469 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 9th.

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.