New Wave Wealth Advisors LLC Takes Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Posted by Grant Hamersma on Feb 1st, 2025

New Wave Wealth Advisors LLC bought a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 3,264 shares of the company’s stock, valued at approximately $111,000.

A number of other institutional investors have also made changes to their positions in VFLO. CarsonAllaria Wealth Management Ltd. bought a new position in VictoryShares Free Cash Flow ETF during the third quarter worth $29,000. FMR LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth about $31,000. Global Trust Asset Management LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth about $57,000. Private Trust Co. NA acquired a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter valued at about $67,000. Finally, HBC Financial Services PLLC bought a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at about $102,000.

VictoryShares Free Cash Flow ETF Stock Down 1.4 %

Shares of VFLO stock opened at $35.51 on Friday. VictoryShares Free Cash Flow ETF has a 12-month low of $28.15 and a 12-month high of $37.04. The firm has a 50 day moving average price of $35.29 and a two-hundred day moving average price of $33.87. The company has a market capitalization of $2.06 billion, a PE ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were paid a $0.0062 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

VictoryShares Free Cash Flow ETF Profile

(Free Report)

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.