VictoryShares Free Cash Flow ETF $VFLO Position Raised by Atlantic Family Wealth LLC

Atlantic Family Wealth LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 49.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 89,142 shares of the company’s stock after acquiring an additional 29,644 shares during the period. VictoryShares Free Cash Flow ETF makes up about 2.6% of Atlantic Family Wealth LLC’s investment portfolio, making the stock its 7th largest position. Atlantic Family Wealth LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $3,343,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VFLO. Wealth Enhancement Advisory Services LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 7.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock worth $6,678,000 after purchasing an additional 12,593 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $35,714,000. D.A. Davidson & CO. bought a new stake in VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $499,000. Hudock Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $9,489,000. Finally, Axis Wealth Partners LLC purchased a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $2,532,000.

VictoryShares Free Cash Flow ETF Stock Performance

VictoryShares Free Cash Flow ETF stock opened at $39.76 on Friday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.67. The stock has a market cap of $5.95 billion, a P/E ratio of 13.70 and a beta of 0.91. The firm’s fifty day moving average price is $39.76 and its 200-day moving average price is $38.11.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were given a dividend of $0.1502 per share. The ex-dividend date was Thursday, December 11th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.