Cetera Investment Advisers Trims Position in VictoryShares Free Cash Flow ETF $VFLO

Cetera Investment Advisers trimmed its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 3.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 575,489 shares of the company’s stock after selling 18,147 shares during the period. Cetera Investment Advisers’ holdings in VictoryShares Free Cash Flow ETF were worth $22,720,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VFLO. Kingdom Financial Group LLC. bought a new position in VictoryShares Free Cash Flow ETF in the 4th quarter worth $25,000. Geneos Wealth Management Inc. boosted its stake in shares of VictoryShares Free Cash Flow ETF by 187.5% in 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 during the period. Zions Bancorporation National Association UT bought a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter worth about $52,000. Assetmark Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 80.4% during the first quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after purchasing an additional 602 shares in the last quarter. Finally, Silver Grove Financial Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth about $60,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO opened at $48.14 on Monday. The business’s 50 day moving average is $46.18 and its 200 day moving average is $42.45. The company has a market capitalization of $8.58 billion, a PE ratio of 13.70 and a beta of 0.85. VictoryShares Free Cash Flow ETF has a 12-month low of $34.11 and a 12-month high of $48.54.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were issued a dividend of $0.0249 per share. 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.

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.