VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Shares Sold by Financial Enhancement Group LLC

Financial Enhancement Group LLC lowered its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,223 shares of the company’s stock after selling 1,532 shares during the period. Financial Enhancement Group LLC owned about 0.12% of VictoryShares Free Cash Flow ETF worth $683,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of VFLO. DDD Partners LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $1,697,000. Commonwealth Equity Services LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 352.5% in the second quarter. Commonwealth Equity Services LLC now owns 186,945 shares of the company’s stock worth $5,780,000 after acquiring an additional 145,630 shares during the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at $613,000. RPS Advisory Solutions LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth about $2,434,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in VictoryShares Free Cash Flow ETF by 35.0% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,978 shares of the company’s stock valued at $339,000 after purchasing an additional 2,846 shares during the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 0.1 %

Shares of VictoryShares Free Cash Flow ETF stock traded down $0.03 during mid-day trading on Wednesday, hitting $32.66. 30,056 shares of the stock were exchanged, compared to its average volume of 203,712. The stock has a market capitalization of $582.65 million, a price-to-earnings ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a twelve month low of $24.61 and a twelve month high of $33.39. The company has a 50-day simple moving average of $31.78 and a 200 day simple moving average of $31.36.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were issued a $0.0166 dividend. The ex-dividend date of this dividend was Thursday, August 8th. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a $0.20 annualized dividend and a yield of 0.61%.

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.