CFO4Life Group LLC Boosts Stock Position in VictoryShares Free Cash Flow ETF $VFLO

CFO4Life Group LLC increased its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 8.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 350,388 shares of the company’s stock after acquiring an additional 26,894 shares during the period. VictoryShares Free Cash Flow ETF comprises 1.9% of CFO4Life Group LLC’s investment portfolio, making the stock its 12th biggest position. CFO4Life Group LLC owned approximately 0.28% of VictoryShares Free Cash Flow ETF worth $12,386,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its position in shares of VictoryShares Free Cash Flow ETF by 23.0% during the first quarter. Bank of New York Mellon Corp now owns 15,251 shares of the company’s stock worth $523,000 after purchasing an additional 2,849 shares in the last quarter. Cerity Partners LLC increased its stake in VictoryShares Free Cash Flow ETF by 11.3% during the 1st quarter. Cerity Partners LLC now owns 12,309 shares of the company’s stock worth $422,000 after buying an additional 1,253 shares during the period. Hollencrest Capital Management increased its stake in VictoryShares Free Cash Flow ETF by 7.8% during the 1st quarter. Hollencrest Capital Management now owns 9,167 shares of the company’s stock worth $314,000 after buying an additional 663 shares during the period. Private Advisor Group LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 204.4% during the 1st quarter. Private Advisor Group LLC now owns 1,187,735 shares of the company’s stock worth $40,716,000 after buying an additional 797,563 shares in the last quarter. Finally, OneAscent Family Office LLC purchased a new position in VictoryShares Free Cash Flow ETF in the 1st quarter valued at approximately $1,540,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $38.30 on Friday. VictoryShares Free Cash Flow ETF has a 52 week low of $29.48 and a 52 week high of $38.78. The company has a fifty day simple moving average of $37.67 and a two-hundred day simple moving average of $36.02. The company has a market cap of $5.07 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 10th. Shareholders of record on Friday, November 7th were issued a dividend of $0.025 per share. The ex-dividend date was Friday, November 7th. This represents a c) annualized dividend and a yield of 0.8%.

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.