VictoryShares Free Cash Flow ETF $VFLO Stock Bought by Trademark Financial Management LLC

Trademark Financial Management LLC lifted its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 6.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 194,201 shares of the company’s stock after buying an additional 11,016 shares during the quarter. VictoryShares Free Cash Flow ETF comprises approximately 4.0% of Trademark Financial Management LLC’s holdings, making the stock its 7th largest position. Trademark Financial Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $9,941,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of VFLO. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $44,000. Assetmark Inc. raised its position in shares of VictoryShares Free Cash Flow ETF by 80.4% during the first quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after acquiring an additional 602 shares during the last quarter. Pension & Wealth Management Advisors Inc. raised its stake in shares of VictoryShares Free Cash Flow ETF by 35.9% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 1,359 shares of the company’s stock worth $70,000 after buying an additional 359 shares during the last quarter. Operose Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at about $84,000. Finally, Geneos Wealth Management Inc. raised its holdings in VictoryShares Free Cash Flow ETF by 39.9% in the first quarter. Geneos Wealth Management Inc. now owns 3,508 shares of the company’s stock worth $138,000 after purchasing an additional 1,001 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $54.54 on Monday. The stock has a market capitalization of $12.13 billion, a PE ratio of 13.70 and a beta of 0.87. VictoryShares Free Cash Flow ETF has a fifty-two week low of $36.73 and a fifty-two week high of $56.44. The business’s 50-day simple moving average is $53.73 and its 200-day simple moving average is $48.52.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a $0.0962 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 2.1%. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. The ex-dividend date was Thursday, October 8th.

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.