VictoryShares Free Cash Flow ETF $VFLO Stock: Boyce & Associates Wealth Consulting Inc. Boosts Position

Boyce & Associates Wealth Consulting Inc. grew its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 72.2% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 148,081 shares of the company’s stock after buying an additional 62,089 shares during the quarter. VictoryShares Free Cash Flow ETF makes up approximately 4.6% of Boyce & Associates Wealth Consulting Inc.’s investment portfolio, making the stock its 4th largest holding. Boyce & Associates Wealth Consulting Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $7,580,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 80.4% during the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock valued at $53,000 after buying an additional 602 shares in the last quarter. Silver Grove Financial Group Inc. bought a new position in VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $60,000. Operose Advisors LLC purchased a new position in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at approximately $84,000. Geneos Wealth Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 39.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $138,000 after buying an additional 1,001 shares in the last quarter. Finally, Elm3 Financial Group LLC grew its stake in VictoryShares Free Cash Flow ETF by 5.7% in the 3rd quarter. Elm3 Financial Group LLC now owns 4,621 shares of the company’s stock valued at $237,000 after buying an additional 249 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO stock opened at $53.20 on Wednesday. The company’s fifty day simple moving average is $53.41 and its two-hundred day simple moving average is $47.68. VictoryShares Free Cash Flow ETF has a 1 year low of $36.61 and a 1 year high of $56.44. The stock has a market capitalization of $11.39 billion, a price-to-earnings ratio of 13.70 and a beta of 0.87.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a $0.0962 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This is a decrease 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%.

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.