VictoryShares Free Cash Flow ETF $VFLO Stock Bought by Weil Company Inc.

Weil Company Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 31.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 319,301 shares of the company’s stock after purchasing an additional 76,996 shares during the quarter. VictoryShares Free Cash Flow ETF makes up about 2.9% of Weil Company Inc.’s investment portfolio, making the stock its 9th biggest holding. Weil Company Inc. owned 0.15% of VictoryShares Free Cash Flow ETF worth $16,345,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Bank of America Corp DE grew its position in VictoryShares Free Cash Flow ETF by 10.3% in the first quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock valued at $630,396,000 after purchasing an additional 1,489,192 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in VictoryShares Free Cash Flow ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,494,324 shares of the company’s stock valued at $114,115,000 after buying an additional 94,493 shares during the last quarter. Modern Wealth Management LLC lifted its position in VictoryShares Free Cash Flow ETF by 18.0% during the 1st quarter. Modern Wealth Management LLC now owns 2,362,996 shares of the company’s stock worth $93,740,000 after buying an additional 360,996 shares in the last quarter. Royal Bank of Canada lifted its position in VictoryShares Free Cash Flow ETF by 11.2% during the 1st quarter. Royal Bank of Canada now owns 2,143,575 shares of the company’s stock worth $84,628,000 after buying an additional 215,541 shares in the last quarter. Finally, Krilogy Financial LLC lifted its position in VictoryShares Free Cash Flow ETF by 3.7% during the 1st quarter. Krilogy Financial LLC now owns 1,689,273 shares of the company’s stock worth $69,598,000 after buying an additional 60,489 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VictoryShares Free Cash Flow ETF stock opened at $53.16 on Thursday. The firm has a 50-day moving average of $53.46 and a 200-day moving average of $47.78. VictoryShares Free Cash Flow ETF has a one year low of $36.73 and a one year high of $56.44. The company has a market cap of $11.38 billion, a price-to-earnings ratio of 13.70 and a beta of 0.87.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were issued a dividend of $0.0962 per share. The ex-dividend date was Thursday, October 8th. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 annualized dividend and a yield of 2.2%.

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.