Sagespring Wealth Partners LLC Sells 55,708 Shares of VictoryShares Free Cash Flow ETF $VFLO

Sagespring Wealth Partners LLC lowered its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 56.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,831 shares of the company’s stock after selling 55,708 shares during the period. Sagespring Wealth Partners LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,687,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the period. Assetmark Inc. increased its position in VictoryShares Free Cash Flow ETF by 285.3% during the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after buying an additional 890 shares during the period. MCF Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter worth $65,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter worth $131,000. Finally, Visionary Wealth Advisors bought a new stake in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at about $215,000.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO stock opened at $39.24 on Friday. The company has a market capitalization of $5.88 billion, a PE ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 52 week low of $29.48 and a 52 week high of $40.74. The company’s 50-day simple moving average is $39.90 and its 200 day simple moving average is $38.86.

VictoryShares Free Cash Flow ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were paid a dividend of $0.0496 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) annualized dividend and a yield of 1.5%.

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.