VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 14.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,341,983 shares of the company’s stock after purchasing an additional 791,171 shares during the period. Northwestern Mutual Wealth Management Co. owned 5.15% of VictoryShares Free Cash Flow ETF worth $224,189,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Merit Financial Group LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at about $82,501,000. Raymond James Financial Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 133.1% in the first quarter. Raymond James Financial Inc. now owns 2,497,102 shares of the company’s stock valued at $85,601,000 after buying an additional 1,425,715 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 188.5% in the first quarter. Royal Bank of Canada now owns 1,780,565 shares of the company’s stock valued at $61,038,000 after acquiring an additional 1,163,341 shares during the period. Annex Advisory Services LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 35.7% during the second quarter. Annex Advisory Services LLC now owns 3,173,134 shares of the company’s stock worth $112,170,000 after acquiring an additional 834,478 shares during the last quarter. Finally, RVW Wealth LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 359.7% in the 1st quarter. RVW Wealth LLC now owns 800,370 shares of the company’s stock valued at $27,437,000 after acquiring an additional 626,264 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ:VFLO opened at $38.52 on Friday. VictoryShares Free Cash Flow ETF has a 1-year low of $29.48 and a 1-year high of $38.78. The stock has a market cap of $5.10 billion, a P/E ratio of 13.70 and a beta of 0.91. The firm has a fifty day moving average price of $37.72 and a 200 day moving average price of $36.30.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 10th. Investors of record on Friday, November 7th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Friday, November 7th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%.

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.