VictoryShares Free Cash Flow ETF $VFLO Holdings Decreased by Allworth Financial LP

Allworth Financial LP lowered its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 28.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,504,123 shares of the company’s stock after selling 1,012,323 shares during the quarter. Allworth Financial LP’s holdings in VictoryShares Free Cash Flow ETF were worth $114,564,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. AQR Capital Management LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth about $737,000. Goldman Sachs Group Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF in the first quarter valued at approximately $4,233,000. Jane Street Group LLC increased its stake in shares of VictoryShares Free Cash Flow ETF by 409.5% during the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after acquiring an additional 219,816 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in VictoryShares Free Cash Flow ETF by 5,081.9% during the second quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock worth $3,957,000 after purchasing an additional 109,770 shares in the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 2.2%

NASDAQ:VFLO traded down $1.21 during midday trading on Tuesday, hitting $54.08. 2,343,592 shares of the stock were exchanged, compared to its average volume of 1,247,883. The company has a market capitalization of $9.83 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a one year low of $36.56 and a one year high of $56.44. The business has a 50-day moving average price of $50.97 and a two-hundred day moving average price of $45.34.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a dividend of $0.0334 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.03. The ex-dividend date was Friday, August 7th. This represents a c) annualized dividend and a dividend yield of 0.7%.

VictoryShares Free Cash Flow ETF Company 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.