Wilkerson Advisory Group LLC Acquires Shares of 585,147 VictoryShares Free Cash Flow ETF $VFLO

Wilkerson Advisory Group LLC bought a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 585,147 shares of the company’s stock, valued at approximately $23,102,000. VictoryShares Free Cash Flow ETF comprises 7.9% of Wilkerson Advisory Group LLC’s holdings, making the stock its 2nd largest holding. Wilkerson Advisory Group LLC owned about 0.37% of VictoryShares Free Cash Flow ETF as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VFLO. Bank of America Corp DE increased its holdings in shares of VictoryShares Free Cash Flow ETF by 7.2% in the 3rd quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock valued at $507,447,000 after acquiring an additional 912,446 shares during the last quarter. LPL Financial LLC raised its position in shares of VictoryShares Free Cash Flow ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after acquiring an additional 1,249,407 shares in the last quarter. Morgan Stanley lifted its stake in VictoryShares Free Cash Flow ETF by 22.1% during the fourth quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock worth $469,851,000 after purchasing an additional 2,158,181 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in VictoryShares Free Cash Flow ETF by 9.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock worth $291,410,000 after purchasing an additional 659,124 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in VictoryShares Free Cash Flow ETF by 17.4% in the fourth quarter. Wells Fargo & Company MN now owns 6,226,521 shares of the company’s stock worth $245,200,000 after purchasing an additional 921,401 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

VictoryShares Free Cash Flow ETF stock opened at $47.81 on Tuesday. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $48.28. The company has a fifty day moving average price of $45.77 and a two-hundred day moving average price of $42.21. The company has a market cap of $8.37 billion, a PE ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

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

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.