VictoryShares Free Cash Flow ETF $VFLO Stock Holdings Decreased by Correct Capital Wealth Management

Correct Capital Wealth Management lowered its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 18.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 936,738 shares of the company’s stock after selling 218,506 shares during the quarter. VictoryShares Free Cash Flow ETF accounts for about 4.9% of Correct Capital Wealth Management’s holdings, making the stock its 7th largest position. Correct Capital Wealth Management owned approximately 0.71% of VictoryShares Free Cash Flow ETF worth $35,128,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $36,000. Geneos Wealth Management Inc. boosted its position 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 worth $39,000 after buying an additional 750 shares during the period. Visionary Wealth Advisors purchased a new position in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at $215,000. Global Assets Advisory LLC acquired a new position in VictoryShares Free Cash Flow ETF during the third quarter valued at $234,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth about $242,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $40.43 on Friday. The stock has a market cap of $6.05 billion, a PE ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.67. The stock’s 50-day moving average is $39.67 and its two-hundred day moving average is $38.00.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were given a $0.1502 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Thursday, December 11th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

VictoryShares Free Cash Flow ETF 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.