VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by RVW Wealth LLC

RVW Wealth LLC boosted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,110,720 shares of the company’s stock after purchasing an additional 92,455 shares during the period. VictoryShares Free Cash Flow ETF comprises about 3.7% of RVW Wealth LLC’s holdings, making the stock its 7th largest holding. RVW Wealth LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $56,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in VFLO. Bank of America Corp DE grew its stake in shares of VictoryShares Free Cash Flow ETF by 10.3% during 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 last quarter. LPL Financial LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after acquiring an additional 1,249,407 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,494,324 shares of the company’s stock valued at $114,115,000 after acquiring an additional 94,493 shares during the last quarter. Modern Wealth Management LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 18.0% in the 1st quarter. Modern Wealth Management LLC now owns 2,362,996 shares of the company’s stock valued at $93,740,000 after acquiring an additional 360,996 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 11.2% during the 1st quarter. Royal Bank of Canada now owns 2,143,575 shares of the company’s stock valued at $84,628,000 after acquiring an additional 215,541 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VFLO stock traded up $0.13 during midday trading on Tuesday, reaching $52.15. 2,395,319 shares of the stock were exchanged, compared to its average volume of 1,374,776. The stock has a market capitalization of $11.18 billion, a PE ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a 52 week low of $36.56 and a 52 week high of $56.44. The company has a fifty day moving average price of $53.07 and a 200 day moving average price of $47.13.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were paid a dividend of $0.1058 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0334. This represents a $1.27 dividend on an annualized basis and a dividend yield of 2.4%.

VictoryShares Free Cash Flow ETF 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.