Goldstein Advisors LLC Raises Holdings in VictoryShares Free Cash Flow ETF $VFLO

Goldstein Advisors LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 29.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,084,626 shares of the company’s stock after purchasing an additional 475,255 shares during the quarter. VictoryShares Free Cash Flow ETF comprises about 9.4% of Goldstein Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Goldstein Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $82,093,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of VFLO. Bank of America Corp DE raised its stake in shares of VictoryShares Free Cash Flow ETF by 29.5% during the second quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock valued at $446,098,000 after purchasing an additional 2,874,353 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of VictoryShares Free Cash Flow ETF by 71.7% during the third quarter. HighTower Advisors LLC now owns 2,857,239 shares of the company’s stock valued at $107,147,000 after purchasing an additional 1,193,452 shares in the last quarter. Ameriprise Financial Inc. bought a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at about $35,234,000. Raymond James Financial Inc. raised its stake in shares of VictoryShares Free Cash Flow ETF by 37.2% during the second quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock valued at $121,134,000 after purchasing an additional 929,599 shares in the last quarter. Finally, Two Sigma Investments LP bought a new stake in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at about $32,786,000.

VictoryShares Free Cash Flow ETF Stock Down 0.4%

Shares of NASDAQ VFLO opened at $47.18 on Thursday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $48.24. The firm’s 50-day simple moving average is $42.13 and its 200 day simple moving average is $40.46. The stock has a market cap of $7.49 billion, a P/E ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a $0.0134 dividend. The ex-dividend date was Friday, May 8th. This represents a c) annualized dividend and a yield of 0.3%.

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.