HighTower Advisors LLC Boosts Stock Position in VictoryShares Free Cash Flow ETF $VFLO

HighTower Advisors LLC grew its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,977,348 shares of the company’s stock after purchasing an additional 120,109 shares during the period. HighTower Advisors LLC owned approximately 1.99% of VictoryShares Free Cash Flow ETF worth $117,248,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its position in VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the last quarter. Assetmark Inc. raised its position in VictoryShares Free Cash Flow ETF by 285.3% during the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after buying an additional 890 shares during the last quarter. MCF Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at approximately $65,000. Clayton Financial Group LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $99,000. Finally, Tradewinds Capital Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $114,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $42.57 on Wednesday. The company’s fifty day moving average price is $40.86 and its 200-day moving average price is $39.89. VictoryShares Free Cash Flow ETF has a 1-year low of $33.34 and a 1-year high of $43.78. The firm has a market capitalization of $6.76 billion, a P/E ratio of 13.70 and a beta of 0.80.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a dividend of $0.0134 per share. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Friday, May 8th.

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.