21,086 Shares in VictoryShares Free Cash Flow ETF $VFLO Bought by WESPAC Advisors LLC

WESPAC Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 21,086 shares of the company’s stock, valued at approximately $1,079,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of VFLO. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $44,000. Assetmark Inc. increased its holdings in shares of 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 acquiring an additional 602 shares during the last quarter. Pension & Wealth Management Advisors Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF by 35.9% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,359 shares of the company’s stock worth $70,000 after acquiring an additional 359 shares during the last quarter. Operose Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $84,000. Finally, Geneos Wealth Management Inc. raised its stake in VictoryShares Free Cash Flow ETF by 39.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $138,000 after acquiring an additional 1,001 shares during the period.

VictoryShares Free Cash Flow ETF Trading Up 0.0%

VFLO opened at $54.56 on Tuesday. The stock’s fifty day simple moving average is $53.71 and its 200 day simple moving average is $45.92. VictoryShares Free Cash Flow ETF has a 1-year low of $36.73 and a 1-year high of $56.44. The stock has a market cap of $12.13 billion, a PE ratio of 13.70 and a beta of 0.87.

VictoryShares Free Cash Flow ETF Cuts Dividend

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

VictoryShares Free Cash Flow ETF Company 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.