WESPAC Advisors LLC Purchases New Holdings in VictoryShares Free Cash Flow ETF $VFLO

WESPAC Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 21,086 shares of the company’s stock, valued at approximately $1,079,000.

Several other institutional investors have also recently made changes to their positions in the stock. Flagship Harbor Advisors LLC raised its stake in shares of VictoryShares Free Cash Flow ETF by 14.2% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 280,185 shares of the company’s stock worth $14,343,000 after purchasing an additional 34,775 shares in the last quarter. Kingswood Wealth Advisors LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 31.8% in the 3rd quarter. Kingswood Wealth Advisors LLC now owns 20,083 shares of the company’s stock valued at $1,028,000 after buying an additional 4,847 shares during the last quarter. Trademark Financial Management LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 6.0% in the 3rd quarter. Trademark Financial Management LLC now owns 194,201 shares of the company’s stock valued at $9,941,000 after buying an additional 11,016 shares during the last quarter. Wedbush Securities Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at $565,000. Finally, Curry Webb Wealth Management LLC grew its stake in shares of VictoryShares Free Cash Flow ETF by 16.7% in the third quarter. Curry Webb Wealth Management LLC now owns 480,176 shares of the company’s stock valued at $24,580,000 after buying an additional 68,795 shares in the last quarter.

VictoryShares Free Cash Flow ETF Trading Up 0.0%

NASDAQ:VFLO opened at $54.56 on Tuesday. The stock has a market capitalization of $12.13 billion, a PE ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a 1-year low of $36.73 and a 1-year high of $56.44. The firm has a fifty day simple moving average of $53.71 and a 200 day simple moving average of $45.92.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were paid a $0.0962 dividend. This is a decrease from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Thursday, October 8th.

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.