Global Assets Advisory LLC Increases Stock Holdings in VictoryShares Free Cash Flow ETF $VFLO

Global Assets Advisory LLC increased its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 277.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,082 shares of the company’s stock after buying an additional 15,502 shares during the period. Global Assets Advisory LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $832,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VFLO. AQR Capital Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the first quarter valued at approximately $737,000. Goldman Sachs Group Inc. purchased a new position in VictoryShares Free Cash Flow ETF during the first quarter worth $4,233,000. Jane Street Group LLC lifted its position in shares of VictoryShares Free Cash Flow ETF by 409.5% in the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after acquiring an additional 219,816 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake 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. Finally, JPMorgan Chase & Co. raised its stake in VictoryShares Free Cash Flow ETF by 5,081.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock valued at $3,957,000 after purchasing an additional 109,770 shares during the last quarter.

VictoryShares Free Cash Flow ETF Trading Up 0.1%

Shares of NASDAQ VFLO traded up $0.06 during midday trading on Friday, reaching $47.39. 811,352 shares of the stock were exchanged, compared to its average volume of 1,031,898. The company has a market capitalization of $8.15 billion, a P/E ratio of 13.70 and a beta of 0.85. The stock has a 50 day moving average price of $45.21 and a 200-day moving average price of $41.86. VictoryShares Free Cash Flow ETF has a 52-week low of $34.11 and a 52-week high of $48.24.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a $0.0249 dividend. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 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.