HighTower Advisors LLC Boosts Position in VictoryShares Free Cash Flow ETF $VFLO

HighTower Advisors LLC grew its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLOFree Report) by 71.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 2,857,239 shares of the company’s stock after purchasing an additional 1,193,452 shares during the period. HighTower Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $107,147,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in 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 valued at $39,000 after acquiring an additional 750 shares in the last quarter. Assetmark Inc. raised its position in shares of VictoryShares Free Cash Flow ETF by 285.3% during the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after purchasing an additional 890 shares during the last quarter. MCF Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter valued at approximately $65,000. Visionary Wealth Advisors acquired a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $215,000. Finally, Global Assets Advisory LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $234,000.

VictoryShares Free Cash Flow ETF Stock Up 1.3%

NASDAQ VFLO opened at $40.26 on Monday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.67. The business has a fifty day moving average of $39.78 and a 200-day moving average of $38.17. The stock 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 Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a $0.1502 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Thursday, December 11th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

VictoryShares Free Cash Flow ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VFLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VictoryShares Free Cash Flow ETF (NASDAQ:VFLOFree Report).

Institutional Ownership by Quarter for VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

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