Axxcess Wealth Management LLC Invests $278,000 in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Axxcess Wealth Management LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,362 shares of the company’s stock, valued at approximately $278,000.

Several other large investors also recently made changes to their positions in VFLO. Cetera Advisors LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the first quarter worth $1,367,000. RVW Wealth LLC bought a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at $1,014,000. Transform Wealth LLC bought a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at $3,871,000. Wealth Enhancement Advisory Services LLC bought a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at $2,007,000. Finally, Great Valley Advisor Group Inc. bought a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at $15,449,000.

VictoryShares Free Cash Flow ETF Trading Down 0.5 %

VictoryShares Free Cash Flow ETF stock opened at $35.55 on Friday. The company has a market cap of $1.18 billion, a P/E ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 1-year low of $26.28 and a 1-year high of $36.21. The company has a fifty day simple moving average of $33.46 and a 200 day simple moving average of $32.20.

VictoryShares Free Cash Flow ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were given a $0.0053 dividend. This represents a $0.06 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date of this dividend was Thursday, November 7th.

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.