Global Assets Advisory LLC Boosts Position in VictoryShares Free Cash Flow ETF $VFLO

Global Assets Advisory LLC boosted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 277.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,082 shares of the company’s stock after purchasing an additional 15,502 shares during the period. Global Assets Advisory LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $832,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Fifth Third Bancorp acquired a new position in shares of VictoryShares Free Cash Flow ETF during the first quarter worth $6,000,000. Kestra Advisory Services LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 20.2% during the first quarter. Kestra Advisory Services LLC now owns 54,468 shares of the company’s stock worth $2,150,000 after buying an additional 9,139 shares in the last quarter. Advance Capital Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 4.7% during the 1st quarter. Advance Capital Management Inc. now owns 248,988 shares of the company’s stock valued at $9,830,000 after acquiring an additional 11,111 shares during the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $753,000. Finally, Raleigh Capital Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 15.0% in the first quarter. Raleigh Capital Management Inc. now owns 9,770 shares of the company’s stock worth $386,000 after purchasing an additional 1,273 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 0.1%

Shares of VFLO traded up $0.06 during mid-day trading on Friday, hitting $47.39. The stock had a trading volume of 811,352 shares, compared to its average volume of 1,031,898. The company’s fifty day simple moving average is $45.21 and its two-hundred day simple moving average is $41.86. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $48.24. The company has a market cap of $8.15 billion, a PE ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a dividend of $0.0249 per share. The ex-dividend date was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 0.6%.

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.