Laurel Oak Wealth Management LLC Has $3.06 Million Stake in VictoryShares Free Cash Flow ETF $VFLO

Laurel Oak Wealth Management LLC lifted its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 112.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,582 shares of the company’s stock after buying an additional 41,031 shares during the quarter. Laurel Oak Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $3,063,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA raised its position in VictoryShares Free Cash Flow ETF by 0.7% during the third quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock valued at $1,682,000 after acquiring an additional 309 shares in the last quarter. Private Trust Co. NA lifted its stake in VictoryShares Free Cash Flow ETF by 4.7% in the fourth quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock valued at $523,000 after acquiring an additional 600 shares during the last quarter. Kingdom Financial Group LLC. bought a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter worth approximately $25,000. Cornerstone Wealth Management LLC grew its position in VictoryShares Free Cash Flow ETF by 0.8% in the fourth quarter. Cornerstone Wealth Management LLC now owns 92,426 shares of the company’s stock worth $3,640,000 after acquiring an additional 712 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 1.4%

Shares of VFLO opened at $46.19 on Friday. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84. The company’s fifty day moving average is $44.17 and its 200-day moving average is $41.35. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $48.24.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a $0.0469 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Tuesday, June 9th.

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.