424,999 Shares in VictoryShares Free Cash Flow ETF $VFLO Bought by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 424,999 shares of the company’s stock, valued at approximately $21,756,000. VictoryShares Free Cash Flow ETF accounts for about 2.4% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Teamwork Financial Advisors LLC owned approximately 0.19% of VictoryShares Free Cash Flow ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of 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 worth $630,396,000 after buying an additional 1,489,192 shares during the period. Parallel Advisors LLC raised its holdings in VictoryShares Free Cash Flow ETF by 1,319.3% during the 1st quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock valued at $60,738,000 after buying an additional 1,430,052 shares during the last quarter. Wilkerson Advisory Group LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter valued at $23,102,000. Curry Webb Wealth Management LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter valued at $15,459,000. Finally, Kirkwood Financial Services bought a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $17,750,000.

VictoryShares Free Cash Flow ETF Price Performance

VFLO traded up $0.12 during trading on Monday, hitting $54.13. 2,316,426 shares of the stock traded hands, compared to its average volume of 1,414,751. The firm has a market capitalization of $11.82 billion, a P/E ratio of 13.70 and a beta of 0.87. The firm has a 50-day moving average of $53.59 and a 200 day moving average of $48.00. VictoryShares Free Cash Flow ETF has a 12-month low of $36.73 and a 12-month high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were given a $0.0962 dividend. The ex-dividend date was Thursday, October 8th. This is a negative change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. This represents a $1.15 dividend on an annualized basis and a dividend yield of 2.1%.

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.