VictoryShares Free Cash Flow ETF $VFLO Stock: Trademark Financial Management LLC Raises Holdings

Trademark Financial Management LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 6.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,201 shares of the company’s stock after acquiring an additional 11,016 shares during the period. VictoryShares Free Cash Flow ETF accounts for about 4.0% of Trademark Financial Management LLC’s investment portfolio, making the stock its 7th largest position. Trademark Financial Management LLC owned 0.09% of VictoryShares Free Cash Flow ETF worth $9,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wedbush Securities Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter worth $565,000. Curry Webb Wealth Management LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 16.7% during the third quarter. Curry Webb Wealth Management LLC now owns 480,176 shares of the company’s stock worth $24,580,000 after acquiring an additional 68,795 shares during the last quarter. Sepio Capital LP grew its holdings in VictoryShares Free Cash Flow ETF by 0.5% in the 3rd quarter. Sepio Capital LP now owns 548,263 shares of the company’s stock worth $28,066,000 after buying an additional 2,603 shares in the last quarter. Ledyard National Bank increased its stake in VictoryShares Free Cash Flow ETF by 5.2% during the 3rd quarter. Ledyard National Bank now owns 543,226 shares of the company’s stock valued at $27,808,000 after buying an additional 26,980 shares during the period. Finally, Cushing Capital Partners LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $211,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ VFLO opened at $54.54 on Monday. The company’s 50 day simple moving average is $53.73 and its 200 day simple moving average is $48.52. The company has a market capitalization of $12.13 billion, a P/E ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a 12 month low of $36.73 and a 12 month high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a dividend of $0.0962 per share. This is a decrease from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Thursday, October 8th.

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.