Wilkerson Advisory Group LLC Makes New $23.10 Million Investment in VictoryShares Free Cash Flow ETF $VFLO

Wilkerson Advisory Group LLC bought a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 585,147 shares of the company’s stock, valued at approximately $23,102,000. VictoryShares Free Cash Flow ETF accounts for about 7.9% of Wilkerson Advisory Group LLC’s portfolio, making the stock its 2nd largest holding.

Several other institutional investors also recently made changes to their positions in VFLO. Private Trust Co. NA raised its position in shares of VictoryShares Free Cash Flow ETF by 4.7% during the 4th quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock worth $523,000 after purchasing an additional 600 shares during the period. Assetmark Inc. boosted its position in VictoryShares Free Cash Flow ETF by 80.4% during the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock valued at $53,000 after purchasing an additional 602 shares during the period. Kingdom Financial Group LLC. acquired a new position in VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $25,000. Cornerstone Wealth Management LLC grew its stake in VictoryShares Free Cash Flow ETF by 0.8% during the 4th quarter. Cornerstone Wealth Management LLC now owns 92,426 shares of the company’s stock worth $3,640,000 after buying an additional 712 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO opened at $47.81 on Tuesday. VictoryShares Free Cash Flow ETF has a 1-year low of $34.11 and a 1-year high of $48.28. The business’s fifty day moving average price is $45.77 and its two-hundred day moving average price is $42.21. The firm has a market capitalization of $8.37 billion, a PE ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

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

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.