Financial Enhancement Group LLC Sells 58,414 Shares of VictoryShares Free Cash Flow ETF $VFLO

Financial Enhancement Group LLC lessened its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 12.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 414,586 shares of the company’s stock after selling 58,414 shares during the period. VictoryShares Free Cash Flow ETF accounts for approximately 2.5% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 11th biggest position. Financial Enhancement Group LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $21,675,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Titleist Asset Management LLC lifted its stake in VictoryShares Free Cash Flow ETF by 31.9% in the 3rd quarter. Titleist Asset Management LLC now owns 34,558 shares of the company’s stock worth $1,769,000 after purchasing an additional 8,365 shares in the last quarter. Fig Financial Advisory Services Inc. ADV purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $2,616,000. Elm3 Financial Group LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 5.7% in the third quarter. Elm3 Financial Group LLC now owns 4,621 shares of the company’s stock valued at $237,000 after purchasing an additional 249 shares during the last quarter. Worth Asset Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $414,000. Finally, Bank of New Hampshire purchased a new position in VictoryShares Free Cash Flow ETF during the third quarter worth approximately $6,055,000.

VictoryShares Free Cash Flow ETF Trading Up 1.2%

NASDAQ VFLO traded up $0.62 on Thursday, reaching $52.90. 2,323,201 shares of the company were exchanged, compared to its average volume of 1,389,351. The business’s fifty day moving average price is $53.17 and its 200 day moving average price is $47.31. The stock has a market capitalization of $11.34 billion, a P/E ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a fifty-two week low of $36.56 and a fifty-two week high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 9th. Investors of record on Thursday, October 8th will be given a dividend of $0.0962 per share. The ex-dividend date is Thursday, October 8th. This is a decrease from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 annualized dividend and a yield of 2.2%.

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.