OneAscent Wealth Management LLC Has $4.90 Million Holdings in VictoryShares Free Cash Flow ETF $VFLO

OneAscent Wealth Management LLC cut its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 40.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 130,684 shares of the company’s stock after selling 89,954 shares during the quarter. VictoryShares Free Cash Flow ETF accounts for approximately 1.6% of OneAscent Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. OneAscent Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $4,901,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VFLO. Bank of America Corp DE raised its holdings in VictoryShares Free Cash Flow ETF by 29.5% in the 2nd quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock worth $446,098,000 after acquiring an additional 2,874,353 shares during the last quarter. Allworth Financial LP raised its stake in shares of VictoryShares Free Cash Flow ETF by 2.0% in the second quarter. Allworth Financial LP now owns 6,704,169 shares of the company’s stock worth $236,992,000 after purchasing an additional 131,110 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of VictoryShares Free Cash Flow ETF by 14.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,341,983 shares of the company’s stock worth $224,189,000 after purchasing an additional 791,171 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 37.2% during the second quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock valued at $121,134,000 after purchasing an additional 929,599 shares in the last quarter. Finally, Smith Anglin Financial LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 6.0% during the second quarter. Smith Anglin Financial LLC now owns 2,720,743 shares of the company’s stock valued at $96,178,000 after buying an additional 154,905 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ:VFLO opened at $39.86 on Monday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.67. The business has a 50-day simple moving average of $39.31 and a two-hundred day simple moving average of $37.72. The firm has a market cap of $5.87 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were issued a dividend of $0.1502 per share. The ex-dividend date of this dividend was Thursday, December 11th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.