Financial Security Advisor Inc. Acquires Shares of 6,365 VictoryShares Free Cash Flow ETF $VFLO

Financial Security Advisor Inc. acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 6,365 shares of the company’s stock, valued at approximately $225,000.

Several other large investors also recently bought and sold shares of the company. Dohj LLC grew its position in VictoryShares Free Cash Flow ETF by 746.2% in the second quarter. Dohj LLC now owns 64,373 shares of the company’s stock valued at $2,071,000 after acquiring an additional 56,766 shares in the last quarter. Traphagen Investment Advisors LLC grew its position in VictoryShares Free Cash Flow ETF by 5.7% in the second quarter. Traphagen Investment Advisors LLC now owns 2,219,090 shares of the company’s stock valued at $78,445,000 after acquiring an additional 119,974 shares in the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $392,000. Belpointe Asset Management LLC grew its position in VictoryShares Free Cash Flow ETF by 65.3% in the second quarter. Belpointe Asset Management LLC now owns 9,791 shares of the company’s stock valued at $346,000 after acquiring an additional 3,867 shares in the last quarter. Finally, Duncan Williams Asset Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $7,830,000.

VictoryShares Free Cash Flow ETF Stock Down 1.0%

Shares of NASDAQ:VFLO opened at $37.61 on Friday. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 13.70 and a beta of 0.94. The company has a 50 day moving average of $36.82 and a two-hundred day moving average of $35.05. VictoryShares Free Cash Flow ETF has a 52-week low of $29.48 and a 52-week high of $38.22.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 10th. Stockholders of record on Thursday, October 9th will be paid a dividend of $0.0395 per share. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Thursday, October 9th.

About VictoryShares Free Cash Flow ETF

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.