Optivise Advisory Services LLC Has $1.37 Million Stake in VictoryShares Free Cash Flow ETF $VFLO

Optivise Advisory Services LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 16.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,670 shares of the company’s stock after purchasing an additional 5,417 shares during the period. Optivise Advisory Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,367,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. LPL Financial LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 85.6% during the 1st quarter. LPL Financial LLC now owns 7,635,991 shares of the company’s stock worth $261,762,000 after buying an additional 3,521,070 shares in the last quarter. Allworth Financial LP lifted its holdings in VictoryShares Free Cash Flow ETF by 505,519.9% during the 1st quarter. Allworth Financial LP now owns 6,573,059 shares of the company’s stock worth $215,991,000 after buying an additional 6,571,759 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in VictoryShares Free Cash Flow ETF by 58.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,550,812 shares of the company’s stock worth $190,282,000 after buying an additional 2,056,804 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in VictoryShares Free Cash Flow ETF by 49.0% during the 1st quarter. Victory Capital Management Inc. now owns 3,606,250 shares of the company’s stock worth $123,622,000 after buying an additional 1,186,179 shares in the last quarter. Finally, Annex Advisory Services LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 35.7% during the second quarter. Annex Advisory Services LLC now owns 3,173,134 shares of the company’s stock valued at $112,170,000 after acquiring an additional 834,478 shares during the period.

VictoryShares Free Cash Flow ETF Stock Up 0.2%

Shares of VFLO opened at $37.88 on Tuesday. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $38.53. The firm has a market capitalization of $5.01 billion, a PE ratio of 13.70 and a beta of 0.91. The stock’s fifty day simple moving average is $37.55 and its 200-day simple moving average is $35.70.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, October 9th were given a dividend of $0.0395 per share. The ex-dividend date was Thursday, October 9th. This represents a c) dividend on an annualized basis and a yield of 1.3%.

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.