Goldstone Financial Group LLC Buys 19,872 Shares of VictoryShares Free Cash Flow ETF $VFLO

Goldstone Financial Group LLC increased its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 14.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 153,518 shares of the company’s stock after purchasing an additional 19,872 shares during the quarter. Goldstone Financial Group LLC owned about 0.12% of VictoryShares Free Cash Flow ETF worth $5,757,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the stock. Optivise Advisory Services LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 10.8% in the 3rd quarter. Optivise Advisory Services LLC now owns 42,844 shares of the company’s stock valued at $1,607,000 after acquiring an additional 4,174 shares in the last quarter. Beacon Capital Management Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at about $24,482,000. Spinnaker Investment Group LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 6.8% during the 3rd quarter. Spinnaker Investment Group LLC now owns 24,539 shares of the company’s stock valued at $920,000 after buying an additional 1,566 shares in the last quarter. Advance Capital Management Inc. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 11.6% during the 3rd quarter. Advance Capital Management Inc. now owns 248,459 shares of the company’s stock valued at $9,317,000 after buying an additional 25,817 shares in the last quarter. Finally, Financial Enhancement Group LLC lifted its position in VictoryShares Free Cash Flow ETF by 0.5% in the 3rd quarter. Financial Enhancement Group LLC now owns 451,702 shares of the company’s stock worth $17,160,000 after buying an additional 2,205 shares during the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO opened at $39.79 on Monday. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $40.20. The stock has a 50 day simple moving average of $38.54 and a two-hundred day simple moving average of $37.08. The firm has a market cap of $5.26 billion, a P/E ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were issued a $0.1502 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.