VictoryShares Free Cash Flow ETF $VFLO Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC decreased its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 238,384 shares of the company’s stock after selling 2,821 shares during the period. Concurrent Investment Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $8,427,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in VFLO. Ancora Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF during the first quarter worth approximately $33,000. HM Payson & Co. acquired a new position in VictoryShares Free Cash Flow ETF during the first quarter worth approximately $35,000. Ameritas Advisory Services LLC acquired a new position in VictoryShares Free Cash Flow ETF during the second quarter worth approximately $36,000. Geneos Wealth Management Inc. increased its position in VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the period. Finally, Smith Salley Wealth Management acquired a new position in VictoryShares Free Cash Flow ETF during the first quarter worth approximately $201,000.

VictoryShares Free Cash Flow ETF Stock Down 2.7%

VFLO opened at $36.58 on Monday. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of 13.70 and a beta of 0.94. The business’s 50 day moving average is $36.86 and its two-hundred day moving average is $35.06. 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 business also recently announced a monthly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, October 9th were issued a $0.0395 dividend. The ex-dividend date of this dividend was Thursday, October 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%.

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.