Weil Company Inc. Takes $7.75 Million Position in VictoryShares Free Cash Flow ETF $VFLO

Weil Company Inc. acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 219,348 shares of the company’s stock, valued at approximately $7,754,000. VictoryShares Free Cash Flow ETF accounts for 2.0% of Weil Company Inc.’s investment portfolio, making the stock its 15th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sigma Planning Corp lifted its position in shares of VictoryShares Free Cash Flow ETF by 1.0% during the 2nd quarter. Sigma Planning Corp now owns 38,137 shares of the company’s stock valued at $1,348,000 after acquiring an additional 375 shares during the period. HighTower Advisors LLC raised its holdings in VictoryShares Free Cash Flow ETF by 0.6% during the first quarter. HighTower Advisors LLC now owns 60,028 shares of the company’s stock worth $2,058,000 after purchasing an additional 378 shares during the last quarter. Hollencrest Capital Management raised its stake in shares of VictoryShares Free Cash Flow ETF by 7.8% during the 1st quarter. Hollencrest Capital Management now owns 9,167 shares of the company’s stock worth $314,000 after buying an additional 663 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 10.7% in the 1st quarter. Thoroughbred Financial Services LLC now owns 7,509 shares of the company’s stock worth $257,000 after buying an additional 728 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO stock opened at $37.93 on Tuesday. The stock’s 50 day moving average price is $37.60 and its 200 day moving average price is $35.90. The firm has a market cap of $5.02 billion, a P/E 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 $38.53.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 10th. Stockholders of record on Friday, November 7th were given a $0.025 dividend. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, November 7th.

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.