VictoryShares Free Cash Flow ETF $VFLO Stock Sold by StoneX Group Inc.

StoneX Group Inc. decreased its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,063,766 shares of the company’s stock after selling 19,269 shares during the period. VictoryShares Free Cash Flow ETF accounts for approximately 2.0% of StoneX Group Inc.’s portfolio, making the stock its 6th biggest position. StoneX Group Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $54,454,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $676,000. Kestra Advisory Services LLC raised its stake in shares of VictoryShares Free Cash Flow ETF by 49.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 106,865 shares of the company’s stock worth $5,470,000 after purchasing an additional 35,432 shares in the last quarter. Commonwealth Equity Services LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth about $77,594,000. Integras Partners LLC raised its stake in shares of VictoryShares Free Cash Flow ETF by 31.2% during the 3rd quarter. Integras Partners LLC now owns 21,534 shares of the company’s stock worth $1,102,000 after purchasing an additional 5,117 shares in the last quarter. Finally, First Nebraska Trust Co acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at about $444,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $51.96 on Friday. The firm has a market cap of $12.03 billion, a price-to-earnings ratio of 15.63 and a beta of 0.84. The stock has a 50-day simple moving average of $53.49 and a 200-day simple moving average of $46.53. VictoryShares Free Cash Flow ETF has a 52-week low of $36.73 and a 52-week high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, November 6th will be given a dividend of $0.0711 per share. The ex-dividend date of this dividend is Friday, November 6th. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0962. This represents a $0.85 annualized dividend and a yield of 1.6%.

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.