Atria Investments Inc Sells 91,935 Shares of VictoryShares Free Cash Flow ETF $VFLO

Atria Investments Inc lessened its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 31.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 204,255 shares of the company’s stock after selling 91,935 shares during the period. Atria Investments Inc’s holdings in VictoryShares Free Cash Flow ETF were worth $7,660,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of VFLO. Wealth Enhancement Advisory Services LLC raised its position in shares of VictoryShares Free Cash Flow ETF by 7.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock valued at $6,678,000 after buying an additional 12,593 shares in the last quarter. Modern Wealth Management LLC bought a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $35,714,000. D.A. Davidson & CO. bought a new position in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $499,000. Hudock Inc. acquired a new position in VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $9,489,000. Finally, Axis Wealth Partners LLC acquired a new position in VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $2,532,000.

VictoryShares Free Cash Flow ETF Stock Up 1.3%

NASDAQ:VFLO opened at $40.26 on Friday. The stock’s 50-day simple moving average is $39.78 and its 200 day simple moving average is $38.14. The firm has a market capitalization of $6.03 billion, a PE ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $40.67.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced 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 of this dividend was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

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.