Prime Capital Investment Advisors LLC Has $1 Million Stake in VictoryShares Free Cash Flow ETF $VFLO

Prime Capital Investment Advisors LLC boosted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 141.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 26,742 shares of the company’s stock after buying an additional 15,655 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,003,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its position in VictoryShares Free Cash Flow ETF by 7.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock valued at $6,678,000 after purchasing an additional 12,593 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter worth approximately $35,714,000. D.A. Davidson & CO. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $499,000. Hudock Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $9,489,000. Finally, Axis Wealth Partners LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $2,532,000.

VictoryShares Free Cash Flow ETF Trading Down 0.3%

Shares of NASDAQ:VFLO opened at $40.29 on Tuesday. The firm has a market cap of $6.03 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $40.67. The business has a fifty day simple moving average of $39.70 and a 200 day simple moving average of $38.05.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were paid a dividend of $0.1502 per share. 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 dividend yield of 4.5%.

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.