VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Position Boosted by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 49.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,530 shares of the company’s stock after purchasing an additional 4,168 shares during the period. Axxcess Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VFLO. Madison Investment Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF in the fourth quarter worth approximately $1,241,000. Commonwealth Equity Services LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 74.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 693,621 shares of the company’s stock worth $23,646,000 after acquiring an additional 295,584 shares during the last quarter. Hollencrest Capital Management acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth $290,000. Moors & Cabot Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at $215,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of VictoryShares Free Cash Flow ETF by 10.5% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 27,346 shares of the company’s stock valued at $932,000 after purchasing an additional 2,599 shares during the period.

VictoryShares Free Cash Flow ETF Trading Down 0.5 %

VFLO stock opened at $34.67 on Friday. VictoryShares Free Cash Flow ETF has a one year low of $30.19 and a one year high of $37.04. The firm has a 50-day moving average of $35.26 and a two-hundred day moving average of $34.58. The firm has a market capitalization of $2.15 billion, a PE ratio of 14.05 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a dividend of $0.0638 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 10th.

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.