VictoryShares Free Cash Flow ETF $VFLO Shares Sold by Allworth Financial LP

Allworth Financial LP cut its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 47.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 3,512,017 shares of the company’s stock after selling 3,192,152 shares during the quarter. VictoryShares Free Cash Flow ETF comprises approximately 0.6% of Allworth Financial LP’s portfolio, making the stock its 25th biggest holding. Allworth Financial LP’s holdings in VictoryShares Free Cash Flow ETF were worth $131,701,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VFLO. Geneos Wealth Management Inc. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Assetmark Inc. boosted its stake in shares of VictoryShares Free Cash Flow ETF by 285.3% in the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after acquiring an additional 890 shares during the last quarter. MCF Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter worth approximately $65,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter worth approximately $131,000. Finally, Visionary Wealth Advisors purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter worth approximately $215,000.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ VFLO opened at $39.41 on Thursday. The business has a fifty day moving average price of $39.93 and a 200 day moving average price of $38.84. The company has a market cap of $5.90 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 $40.74.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were given a $0.0496 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, March 10th.

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.