Western Wealth Management LLC Grows Stock Position in VictoryShares Free Cash Flow ETF $VFLO

Western Wealth Management LLC increased its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 8.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 268,567 shares of the company’s stock after buying an additional 20,796 shares during the quarter. Western Wealth Management LLC owned about 0.17% of VictoryShares Free Cash Flow ETF worth $10,603,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kingdom Financial Group LLC. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at $25,000. Geneos Wealth Management Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth about $52,000. Assetmark Inc. boosted its stake in shares of VictoryShares Free Cash Flow ETF by 80.4% during the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after purchasing an additional 602 shares during the period. Finally, Silver Grove Financial Group Inc. bought a new position in VictoryShares Free Cash Flow ETF during the 4th quarter valued at about $60,000.

VictoryShares Free Cash Flow ETF Trading Down 1.2%

Shares of NASDAQ:VFLO opened at $49.62 on Friday. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $50.67. The company has a market capitalization of $8.89 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85. The firm’s 50-day moving average is $46.71 and its 200 day moving average is $42.71.

VictoryShares Free Cash Flow ETF Cuts Dividend

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