Madison Asset Management LLC Boosts Holdings in VictoryShares Free Cash Flow ETF $VFLO

Madison Asset Management LLC increased its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 8.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 476,720 shares of the company’s stock after acquiring an additional 38,754 shares during the quarter. Madison Asset Management LLC owned about 0.30% of VictoryShares Free Cash Flow ETF worth $18,821,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingdom Financial Group LLC. acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth about $25,000. Geneos Wealth Management Inc. boosted its position in shares of VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the period. Zions Bancorporation National Association UT purchased a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $52,000. Assetmark Inc. grew its stake in VictoryShares Free Cash Flow ETF by 80.4% during the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after buying an additional 602 shares during the last quarter. Finally, Silver Grove Financial Group Inc. purchased a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $60,000.

VictoryShares Free Cash Flow ETF Trading Up 0.0%

Shares of NASDAQ VFLO opened at $47.81 on Tuesday. VictoryShares Free Cash Flow ETF has a twelve month low of $34.11 and a twelve month high of $48.28. The stock has a 50 day moving average of $45.77 and a two-hundred day moving average of $42.21. The stock has a market cap of $8.37 billion, a P/E ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.0249 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 9th.

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.