VictoryShares Free Cash Flow ETF $VFLO Shares Sold by Simplicity Wealth LLC

Simplicity Wealth LLC reduced its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 10.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 157,455 shares of the company’s stock after selling 18,969 shares during the period. Simplicity Wealth LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $8,060,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VFLO. Bank of America Corp DE raised its stake in shares of VictoryShares Free Cash Flow ETF by 10.3% during the first quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock valued at $630,396,000 after acquiring an additional 1,489,192 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 1,319.3% during the 1st quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock worth $60,738,000 after purchasing an additional 1,430,052 shares during the last quarter. Wilkerson Advisory Group LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $23,102,000. Teamwork Financial Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $21,756,000. Finally, Curry Webb Wealth Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 1st quarter worth $15,459,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ VFLO opened at $54.54 on Friday. The business has a 50-day simple moving average of $53.73 and a two-hundred day simple moving average of $48.46. The company has a market cap of $12.13 billion, a PE ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a fifty-two week low of $36.73 and a fifty-two week high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a dividend of $0.0962 per share. The ex-dividend date 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 annualized dividend and a dividend 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.