Atlas Wealth LLC Grows Stock Position in VictoryShares Free Cash Flow ETF $VFLO

Atlas Wealth LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 60.4% during the 4th quarter, HoldingsChannel reports. The firm owned 385,139 shares of the company’s stock after purchasing an additional 144,968 shares during the period. VictoryShares Free Cash Flow ETF comprises approximately 4.6% of Atlas Wealth LLC’s holdings, making the stock its 4th largest holding. Atlas Wealth LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $15,167,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Bank of America Corp DE lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 7.2% during the 3rd quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock valued at $507,447,000 after purchasing an additional 912,446 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 6.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,740,833 shares of the company’s stock valued at $252,781,000 after purchasing an additional 398,850 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 23.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,236,356 shares of the company’s stock valued at $158,863,000 after purchasing an additional 809,655 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 2.9% during the 3rd quarter. Victory Capital Management Inc. now owns 4,051,250 shares of the company’s stock valued at $151,922,000 after purchasing an additional 115,000 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 1.0% during the 4th quarter. Allworth Financial LP now owns 3,548,818 shares of the company’s stock valued at $139,752,000 after purchasing an additional 36,801 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $42.50 on Friday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $33.34 and a fifty-two week high of $43.78. The stock has a market capitalization of $6.75 billion, a PE ratio of 13.70 and a beta of 0.80. The business’s 50-day simple moving average is $40.76 and its 200-day simple moving average is $39.81.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were issued a dividend of $0.0134 per share. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, May 8th.

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.