Laurel Oak Wealth Management LLC Has $3.06 Million Stake in VictoryShares Free Cash Flow ETF $VFLO

Laurel Oak Wealth Management LLC lifted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 112.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 77,582 shares of the company’s stock after purchasing an additional 41,031 shares during the quarter. Laurel Oak Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $3,063,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in VFLO. Kingdom Financial Group LLC. purchased a new position in VictoryShares Free Cash Flow ETF during the fourth quarter valued at approximately $25,000. Geneos Wealth Management Inc. lifted its position in VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares in the last quarter. Zions Bancorporation National Association UT purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $52,000. Silver Grove Financial Group Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at $60,000. Finally, HM Payson & Co. boosted its stake in shares of VictoryShares Free Cash Flow ETF by 141.5% during the 4th quarter. HM Payson & Co. now owns 2,475 shares of the company’s stock valued at $97,000 after buying an additional 1,450 shares during the period.

VictoryShares Free Cash Flow ETF Stock Up 1.4%

VictoryShares Free Cash Flow ETF stock opened at $46.19 on Friday. The company’s fifty day simple moving average is $44.17 and its 200-day simple moving average is $41.35. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $48.24. The stock has a market cap of $7.33 billion, a P/E ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a dividend of $0.0469 per share. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 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.