VictoryShares Free Cash Flow ETF $VFLO Shares Sold by Financial Enhancement Group LLC

Financial Enhancement Group LLC decreased its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 12.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 414,586 shares of the company’s stock after selling 58,414 shares during the period. VictoryShares Free Cash Flow ETF comprises approximately 2.5% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 11th largest holding. Financial Enhancement Group LLC owned approximately 0.19% of VictoryShares Free Cash Flow ETF worth $21,675,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. RVW Wealth LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 9.1% during the third quarter. RVW Wealth LLC now owns 1,110,720 shares of the company’s stock valued at $56,858,000 after purchasing an additional 92,455 shares in the last quarter. Curry Webb Wealth Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the first quarter worth about $15,459,000. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth about $2,427,000. Kirkwood Financial Services purchased a new position in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at about $17,750,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $753,000.

VictoryShares Free Cash Flow ETF Price Performance

VFLO stock traded up $0.62 during trading on Thursday, hitting $52.90. The stock had a trading volume of 2,323,201 shares, compared to its average volume of 1,389,351. VictoryShares Free Cash Flow ETF has a twelve month low of $36.56 and a twelve month high of $56.44. The company’s 50-day moving average price is $53.17 and its two-hundred day moving average price is $47.31. The stock has a market capitalization of $11.34 billion, a P/E ratio of 13.70 and a beta of 0.87.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 9th. Stockholders of record on Thursday, October 8th will be paid a $0.0962 dividend. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, October 8th.

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.