424,999 Shares of VictoryShares Free Cash Flow ETF $VFLO Purchased by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the third quarter, HoldingsChannel.com reports. The firm purchased 424,999 shares of the company’s stock, valued at approximately $21,756,000. VictoryShares Free Cash Flow ETF accounts for 2.4% of Teamwork Financial Advisors LLC’s portfolio, making the stock its 5th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Elm3 Financial Group LLC raised its position in VictoryShares Free Cash Flow ETF by 5.7% during the 3rd quarter. Elm3 Financial Group LLC now owns 4,621 shares of the company’s stock valued at $237,000 after purchasing an additional 249 shares during the last quarter. Sei Investments Co. lifted its holdings in VictoryShares Free Cash Flow ETF by 4.1% in the 1st quarter. Sei Investments Co. now owns 6,903 shares of the company’s stock worth $273,000 after buying an additional 275 shares during the period. Pension & Wealth Management Advisors Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 35.9% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,359 shares of the company’s stock worth $70,000 after buying an additional 359 shares during the last quarter. Comprehensive Financial Planning Inc. PA grew its position in shares of VictoryShares Free Cash Flow ETF by 1.1% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 43,277 shares of the company’s stock worth $1,980,000 after buying an additional 471 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of VictoryShares Free Cash Flow ETF by 0.9% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 55,246 shares of the company’s stock worth $2,528,000 after buying an additional 490 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 0.2%

Shares of VFLO traded up $0.12 during mid-day trading on Monday, hitting $54.13. 2,316,426 shares of the company’s stock traded hands, compared to its average volume of 1,414,751. VictoryShares Free Cash Flow ETF has a 1 year low of $36.73 and a 1 year high of $56.44. The firm has a market capitalization of $11.82 billion, a P/E ratio of 13.70 and a beta of 0.87. The business’s 50-day moving average price is $53.59 and its 200-day moving average price is $48.00.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were paid a $0.0962 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This is a negative change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 dividend on an annualized basis and a yield of 2.1%.

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.