WCG Wealth Advisors LLC Cuts Stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

WCG Wealth Advisors LLC lowered its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 23.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,567 shares of the company’s stock after selling 15,443 shares during the period. WCG Wealth Advisors LLC owned 0.07% of VictoryShares Free Cash Flow ETF worth $1,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of VFLO. Atomi Financial Group Inc. purchased a new position in VictoryShares Free Cash Flow ETF during the fourth quarter valued at $541,000. Raleigh Capital Management Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 52.9% in the 4th quarter. Raleigh Capital Management Inc. now owns 8,032 shares of the company’s stock worth $274,000 after purchasing an additional 2,778 shares in the last quarter. Secure Asset Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at about $1,440,000. Spinnaker Investment Group LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $481,000. Finally, Cornerstone Wealth Management LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 29.1% in the fourth quarter. Cornerstone Wealth Management LLC now owns 36,996 shares of the company’s stock worth $1,261,000 after purchasing an additional 8,332 shares during the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 0.4%

NASDAQ:VFLO opened at $33.63 on Friday. The business’s 50-day moving average is $33.17 and its 200 day moving average is $34.54. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $37.04. The company has a market capitalization of $3.64 billion, a P/E ratio of 12.97 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, May 8th were paid a $0.0024 dividend. This represents a $0.03 dividend on an annualized basis and a yield of 0.08%. The ex-dividend date was Thursday, May 8th.

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.