Madison Asset Management LLC Acquires 337,659 Shares of VictoryShares Free Cash Flow ETF $VFLO

Madison Asset Management LLC lifted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 336.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 437,966 shares of the company’s stock after acquiring an additional 337,659 shares during the period. Madison Asset Management LLC owned 0.29% of VictoryShares Free Cash Flow ETF worth $17,247,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA lifted its holdings in VictoryShares Free Cash Flow ETF by 0.7% in the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock worth $1,682,000 after purchasing an additional 309 shares in the last quarter. AE Wealth Management LLC grew its holdings in VictoryShares Free Cash Flow ETF by 0.8% during the 3rd quarter. AE Wealth Management LLC now owns 47,134 shares of the company’s stock valued at $1,768,000 after buying an additional 366 shares in the last quarter. Private Trust Co. NA grew its holdings in VictoryShares Free Cash Flow ETF by 4.7% during the 4th quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock valued at $523,000 after buying an additional 600 shares in the last quarter. PFG Investments LLC raised its position in shares of VictoryShares Free Cash Flow ETF by 7.5% during the third quarter. PFG Investments LLC now owns 9,569 shares of the company’s stock valued at $359,000 after buying an additional 671 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of 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 valued at $39,000 after buying an additional 750 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ:VFLO opened at $42.92 on Wednesday. The firm has a fifty day moving average price of $40.63 and a 200 day moving average price of $39.73. VictoryShares Free Cash Flow ETF has a fifty-two week low of $33.34 and a fifty-two week high of $43.78. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of 13.70 and a beta of 0.80.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were paid a $0.0134 dividend. The ex-dividend date was Friday, May 8th. This represents a c) annualized dividend and a yield of 0.4%.

VictoryShares Free Cash Flow ETF Company 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.