19,920 VictoryShares Free Cash Flow ETF $VFLO Shares Purchased by Maia Wealth LLC

Maia Wealth LLC raised its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 49.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,040 shares of the company’s stock after buying an additional 19,920 shares during the period. Maia Wealth LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $3,073,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of VictoryShares Free Cash Flow ETF by 10.3% during the 1st quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock worth $630,396,000 after acquiring an additional 1,489,192 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF by 3.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,494,324 shares of the company’s stock valued at $114,115,000 after acquiring an additional 94,493 shares during the last quarter. Modern Wealth Management LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 18.0% during the 1st quarter. Modern Wealth Management LLC now owns 2,362,996 shares of the company’s stock valued at $93,740,000 after acquiring an additional 360,996 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of VictoryShares Free Cash Flow ETF by 11.2% during the 1st quarter. Royal Bank of Canada now owns 2,143,575 shares of the company’s stock valued at $84,628,000 after acquiring an additional 215,541 shares during the last quarter. Finally, Krilogy Financial LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 3.7% during the 1st quarter. Krilogy Financial LLC now owns 1,689,273 shares of the company’s stock valued at $69,598,000 after acquiring an additional 60,489 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $54.13 on Tuesday. The stock’s 50 day simple moving average is $53.61 and its 200 day simple moving average is $48.10. VictoryShares Free Cash Flow ETF has a twelve month low of $36.73 and a twelve month high of $56.44. The company has a market capitalization of $11.82 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 announced a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were given a dividend of $0.0962 per share. 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 yield of 2.1%.

About VictoryShares Free Cash Flow ETF

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.