Wealth Enhancement Advisory Services LLC Buys 12,593 Shares of VictoryShares Free Cash Flow ETF $VFLO

Wealth Enhancement Advisory Services LLC boosted its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 7.7% during the third quarter, Holdings Channel reports. The fund owned 176,577 shares of the company’s stock after acquiring an additional 12,593 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $6,678,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new stake in VictoryShares Free Cash Flow ETF during the second quarter worth about $36,000. Geneos Wealth Management Inc. raised its holdings in shares of 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 valued at $39,000 after buying an additional 750 shares in the last quarter. Visionary Wealth Advisors purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter valued at about $215,000. Financial Security Advisor Inc. bought a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter worth approximately $225,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in VictoryShares Free Cash Flow ETF in the second quarter worth approximately $242,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO opened at $39.86 on Monday. The stock has a market capitalization of $5.87 billion, a P/E ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a one year low of $29.48 and a one year high of $40.67. The firm’s 50 day simple moving average is $39.31 and its two-hundred day simple moving average is $37.72.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a dividend of $0.1502 per share. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) annualized dividend and a dividend yield of 4.5%. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

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.