VictoryShares Free Cash Flow ETF $VFLO Position Boosted by Triumph Capital Management

Triumph Capital Management lifted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 20.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 227,413 shares of the company’s stock after purchasing an additional 38,901 shares during the quarter. VictoryShares Free Cash Flow ETF comprises approximately 2.0% of Triumph Capital Management’s investment portfolio, making the stock its 3rd biggest position. Triumph Capital Management owned 0.11% of VictoryShares Free Cash Flow ETF worth $11,641,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter valued at about $44,000. Assetmark Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 80.4% during the first quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after buying an additional 602 shares during the period. Silver Grove Financial Group Inc. purchased a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth about $60,000. Operose Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at about $84,000. Finally, Geneos Wealth Management Inc. increased its position in shares of VictoryShares Free Cash Flow ETF by 39.9% during the first quarter. Geneos Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $138,000 after acquiring an additional 1,001 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock traded down $0.04 on Wednesday, reaching $53.16. The company had a trading volume of 1,785,257 shares, compared to its average volume of 1,397,346. The firm’s 50 day moving average price is $53.41 and its two-hundred day moving average price is $47.68. The firm has a market cap of $11.38 billion, a PE ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a 52-week low of $36.73 and a 52-week high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were issued a $0.0962 dividend. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. The ex-dividend date was Thursday, October 8th. This represents a $1.15 annualized dividend and a yield of 2.2%.

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.