Kingswood Wealth Advisors LLC Makes New Investment in VictoryShares Free Cash Flow ETF $VFLO

Kingswood Wealth Advisors LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, HoldingsChannel.com reports. The fund purchased 17,149 shares of the company’s stock, valued at approximately $643,000.

Several other institutional investors have also modified their holdings of the company. Ameritas Advisory Services LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter worth approximately $36,000. Geneos Wealth Management Inc. boosted its position 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 purchasing an additional 750 shares in the last quarter. Belpointe Asset Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the first quarter valued at $203,000. Visionary Wealth Advisors purchased a new position in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at $215,000. Finally, Financial Security Advisor Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth $225,000.

VictoryShares Free Cash Flow ETF Stock Up 0.2%

VictoryShares Free Cash Flow ETF stock opened at $40.43 on Friday. The firm has a market capitalization of $5.83 billion, a PE ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 52 week low of $29.48 and a 52 week high of $40.67. The firm’s 50-day simple moving average is $38.93 and its 200 day simple moving average is $37.40.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were given a $0.1502 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Thursday, December 11th.

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.