Secure Asset Management LLC Acquires Shares of 42,242 VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Secure Asset Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 42,242 shares of the company’s stock, valued at approximately $1,440,000. Secure Asset Management LLC owned about 0.08% of VictoryShares Free Cash Flow ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter worth approximately $29,000. FMR LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $31,000. Global Trust Asset Management LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $57,000. Private Trust Co. NA acquired a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $67,000. Finally, HBC Financial Services PLLC bought a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth $102,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $36.15 on Friday. The firm has a 50-day moving average of $35.27 and a 200-day moving average of $33.65. VictoryShares Free Cash Flow ETF has a 52-week low of $27.86 and a 52-week high of $37.04. The stock has a market cap of $1.97 billion, a PE ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were given a dividend of $0.0062 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

About VictoryShares Free Cash Flow ETF

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.