WBI Investments LLC Sells 5,347 Shares of VictoryShares Free Cash Flow ETF $VFLO

WBI Investments LLC lowered its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 2.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 243,062 shares of the company’s stock after selling 5,347 shares during the quarter. VictoryShares Free Cash Flow ETF makes up approximately 2.2% of WBI Investments LLC’s portfolio, making the stock its 5th largest holding. WBI Investments LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $8,592,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in the stock. Ancora Advisors LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter valued at about $33,000. Ameritas Advisory Services LLC bought a new stake in VictoryShares Free Cash Flow ETF during the second quarter worth approximately $36,000. Geneos Wealth Management Inc. boosted 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 purchasing an additional 750 shares during the period. Belpointe Asset Management LLC acquired a new position in VictoryShares Free Cash Flow ETF during the first quarter valued at approximately $203,000. Finally, Financial Security Advisor Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $225,000.

VictoryShares Free Cash Flow ETF Trading Down 2.1%

Shares of VictoryShares Free Cash Flow ETF stock opened at $37.50 on Tuesday. The firm has a fifty day simple moving average of $37.67 and a 200-day simple moving average of $36.09. The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 1-year low of $29.48 and a 1-year high of $38.78.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 10th. Shareholders of record on Friday, November 7th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a c) dividend on an annualized basis and a yield of 0.8%.

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.