Magnolia Capital Advisors LLC Makes New $5.39 Million Investment in VictoryShares Free Cash Flow ETF $VFLO

Magnolia Capital Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 143,656 shares of the company’s stock, valued at approximately $5,387,000. VictoryShares Free Cash Flow ETF makes up 1.4% of Magnolia Capital Advisors LLC’s holdings, making the stock its 15th biggest position. Magnolia Capital Advisors LLC owned 0.11% of VictoryShares Free Cash Flow ETF at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 7.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock worth $6,678,000 after acquiring an additional 12,593 shares during the last quarter. CFO4Life Group LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF by 8.3% during the second quarter. CFO4Life Group LLC now owns 350,388 shares of the company’s stock valued at $12,386,000 after acquiring an additional 26,894 shares during the last quarter. Modern Wealth Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at $35,714,000. D.A. Davidson & CO. purchased a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth about $499,000. Finally, Sepio Capital LP raised its stake in VictoryShares Free Cash Flow ETF by 4.1% in the 2nd quarter. Sepio Capital LP now owns 536,518 shares of the company’s stock valued at $18,966,000 after purchasing an additional 21,150 shares during the last quarter.

VictoryShares Free Cash Flow ETF Trading Up 0.4%

NASDAQ:VFLO opened at $39.69 on Thursday. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. The company’s 50-day moving average is $39.97 and its two-hundred day moving average is $38.75. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $40.74.

VictoryShares Free Cash Flow ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were given a $0.0496 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, March 10th.

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.