VictoryShares Free Cash Flow ETF $VFLO Shares Purchased by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC boosted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 141.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,742 shares of the company’s stock after acquiring an additional 15,655 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,003,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VFLO. Ameritas Advisory Services LLC acquired a new position in VictoryShares Free Cash Flow ETF in the second quarter worth approximately $36,000. Geneos Wealth Management Inc. lifted its position in shares of VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Visionary Wealth Advisors bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth $215,000. Global Assets Advisory LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth $234,000. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter worth $242,000.

VictoryShares Free Cash Flow ETF Stock Down 0.3%

Shares of NASDAQ VFLO opened at $40.29 on Tuesday. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $40.67. The company has a market cap of $6.03 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. The business has a fifty day simple moving average of $39.70 and a 200-day simple moving average of $38.05.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were paid a dividend of $0.1502 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend 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.