Gateway Wealth Partners LLC Purchases Shares of 5,870 VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Gateway Wealth Partners LLC acquired a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,870 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Lifestyle Asset Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 0.8% in the third quarter. Lifestyle Asset Management Inc. now owns 57,278 shares of the company’s stock valued at $1,907,000 after acquiring an additional 460 shares in the last quarter. CarsonAllaria Wealth Management Ltd. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $29,000. FMR LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth $31,000. TAP Consulting LLC grew its stake in VictoryShares Free Cash Flow ETF by 1.6% during the 3rd quarter. TAP Consulting LLC now owns 97,130 shares of the company’s stock worth $3,234,000 after buying an additional 1,526 shares during the last quarter. Finally, Global Trust Asset Management LLC acquired a new position in VictoryShares Free Cash Flow ETF during the 4th quarter valued at about $57,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ VFLO opened at $35.81 on Thursday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $28.15 and a fifty-two week high of $37.04. The company has a market cap of $2.08 billion, a PE ratio of 13.10 and a beta of 0.75. The business has a 50-day simple moving average of $35.31 and a two-hundred day simple moving average of $33.83.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were issued a $0.0062 dividend. 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.