Great Valley Advisor Group Inc. Sells 47,157 Shares of VictoryShares Free Cash Flow ETF $VFLO

Great Valley Advisor Group Inc. reduced its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,485,082 shares of the company’s stock after selling 47,157 shares during the quarter. VictoryShares Free Cash Flow ETF makes up 1.1% of Great Valley Advisor Group Inc.’s portfolio, making the stock its 14th largest holding. Great Valley Advisor Group Inc. owned approximately 0.99% of VictoryShares Free Cash Flow ETF worth $58,483,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA raised its stake in VictoryShares Free Cash Flow ETF by 0.7% during the third quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock worth $1,682,000 after acquiring an additional 309 shares in the last quarter. Private Trust Co. NA raised its stake in VictoryShares Free Cash Flow ETF by 4.7% during the fourth quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock worth $523,000 after acquiring an additional 600 shares in the last quarter. Kingdom Financial Group LLC. acquired a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth $25,000. Cornerstone Wealth Management LLC raised its stake in VictoryShares Free Cash Flow ETF by 0.8% during the fourth quarter. Cornerstone Wealth Management LLC now owns 92,426 shares of the company’s stock worth $3,640,000 after acquiring an additional 712 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in 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 worth $39,000 after acquiring an additional 750 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VictoryShares Free Cash Flow ETF stock opened at $45.87 on Friday. The stock has a fifty day moving average price of $42.95 and a two-hundred day moving average price of $40.83. VictoryShares Free Cash Flow ETF has a 52-week low of $34.11 and a 52-week high of $48.24. The firm has a market capitalization of $7.28 billion, a P/E ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.0469 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, June 9th.

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.