VictoryShares Free Cash Flow ETF $VFLO Stock: Kestra Advisory Services LLC Increases Holdings

Kestra Advisory Services LLC increased its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 49.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 106,865 shares of the company’s stock after acquiring an additional 35,432 shares during the quarter. Kestra Advisory Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $5,470,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VFLO. Commonwealth Equity Services LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter worth approximately $77,594,000. Integras Partners LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 31.2% during the 3rd quarter. Integras Partners LLC now owns 21,534 shares of the company’s stock worth $1,102,000 after buying an additional 5,117 shares during the last quarter. First Nebraska Trust Co bought a new position in VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $444,000. Keeler Thomas Management LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at approximately $498,000. Finally, Accordant Advisory Group Inc bought a new position in VictoryShares Free Cash Flow ETF during the third quarter worth $9,022,000.

VictoryShares Free Cash Flow ETF Price Performance

VFLO stock opened at $53.24 on Friday. The firm has a market cap of $12.52 billion, a price-to-earnings ratio of 15.63 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 1-year low of $36.73 and a 1-year high of $56.44. The firm has a fifty day moving average price of $53.29 and a two-hundred day moving average price of $46.79.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, November 6th were paid a $0.0711 dividend. The ex-dividend date was Friday, November 6th. This is a decrease from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0962. This represents a $0.85 dividend on an annualized basis and a yield of 1.6%.

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.