VictoryShares Free Cash Flow ETF $VFLO Shares Purchased by OneAscent Financial Services LLC

OneAscent Financial Services LLC boosted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 36.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 196,453 shares of the company’s stock after buying an additional 52,965 shares during the quarter. VictoryShares Free Cash Flow ETF comprises about 0.7% of OneAscent Financial Services LLC’s investment portfolio, making the stock its 20th largest holding. OneAscent Financial Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $7,736,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in VictoryShares Free Cash Flow ETF by 7.2% in the third quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock valued at $507,447,000 after purchasing an additional 912,446 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in VictoryShares Free Cash Flow ETF by 9.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock valued at $291,410,000 after purchasing an additional 659,124 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 23.6% in the third quarter. Raymond James Financial Inc. now owns 4,236,356 shares of the company’s stock valued at $158,863,000 after purchasing an additional 809,655 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 2.9% in the third quarter. Victory Capital Management Inc. now owns 4,051,250 shares of the company’s stock valued at $151,922,000 after purchasing an additional 115,000 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in VictoryShares Free Cash Flow ETF by 1.0% in the fourth quarter. Allworth Financial LP now owns 3,548,818 shares of the company’s stock valued at $139,752,000 after purchasing an additional 36,801 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Down 3.0%

Shares of VFLO opened at $46.05 on Friday. The stock has a 50 day moving average price of $42.42 and a 200 day moving average price of $40.57. The company has a market capitalization of $7.31 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 52-week low of $34.11 and a 52-week high of $48.24.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were issued a $0.0134 dividend. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Friday, May 8th.

VictoryShares Free Cash Flow ETF Company 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.