Magnolia Capital Advisors LLC Purchases Shares of 143,656 VictoryShares Free Cash Flow ETF $VFLO

Magnolia Capital Advisors LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 143,656 shares of the company’s stock, valued at approximately $5,387,000. VictoryShares Free Cash Flow ETF comprises about 1.4% of Magnolia Capital Advisors LLC’s portfolio, making the stock its 15th largest position.

Other large investors also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 187.5% in the 1st 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. Assetmark Inc. grew its holdings in shares of VictoryShares Free Cash Flow ETF by 285.3% during the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after purchasing an additional 890 shares during the period. MCF Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $65,000. Visionary Wealth Advisors acquired a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $215,000. Finally, Global Assets Advisory LLC purchased a new position in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $234,000.

VictoryShares Free Cash Flow ETF Stock Up 0.4%

Shares of VFLO stock opened at $39.69 on Thursday. The stock has a market cap of $5.94 billion, a price-to-earnings 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 $40.74. The firm’s 50 day moving average price is $39.97 and its two-hundred day moving average price is $38.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were paid a $0.0496 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, March 10th.

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.