Optivise Advisory Services LLC Has $1.37 Million Stock Position in VictoryShares Free Cash Flow ETF $VFLO

Optivise Advisory Services LLC lifted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 16.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,670 shares of the company’s stock after acquiring an additional 5,417 shares during the period. Optivise Advisory Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,367,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Ancora Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter worth $33,000. HM Payson & Co. acquired a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter worth $35,000. Ameritas Advisory Services LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the second quarter worth about $36,000. Geneos Wealth Management Inc. grew 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 buying an additional 750 shares in the last quarter. Finally, Belpointe Asset Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the first quarter worth about $203,000.

VictoryShares Free Cash Flow ETF Stock Up 0.2%

VFLO stock opened at $37.88 on Tuesday. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $38.53. The company has a market cap of $5.01 billion, a PE ratio of 13.70 and a beta of 0.91. The business’s 50-day simple moving average is $37.55 and its 200 day simple moving average is $35.70.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, October 9th were issued a dividend of $0.0395 per share. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, October 9th.

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.