Cornerstone Wealth Management LLC Buys 8,332 Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Posted by Wayne Rhoads on Jan 25th, 2025

Cornerstone Wealth Management LLC increased its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Free Report) by 29.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,996 shares of the company’s stock after acquiring an additional 8,332 shares during the quarter. Cornerstone Wealth Management LLC owned about 0.07% of VictoryShares Free Cash Flow ETF worth $1,261,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. CarsonAllaria Wealth Management Ltd. bought a new position in VictoryShares Free Cash Flow ETF during the third quarter worth $29,000. FMR LLC bought a new position in VictoryShares Free Cash Flow ETF during the third quarter worth $31,000. Global Trust Asset Management LLC bought a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth $57,000. Private Trust Co. NA bought a new position in VictoryShares Free Cash Flow ETF during the third quarter worth $67,000. Finally, HBC Financial Services PLLC bought a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth $102,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $35.88 on Friday. The firm has a market capitalization of $2.09 billion, a PE ratio of 13.10 and a beta of 0.75. The company’s fifty day moving average price is $35.29 and its two-hundred day moving average price is $33.71. VictoryShares Free Cash Flow ETF has a 52-week low of $27.86 and a 52-week high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were issued a $0.0062 dividend. The ex-dividend date was Wednesday, January 8th.

VictoryShares Free Cash Flow ETF Profile

(Free Report)

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.