VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC reduced its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 38.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,650 shares of the company’s stock after selling 37,220 shares during the period. HighTower Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $2,033,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VFLO. Raymond James Financial Inc. acquired a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth approximately $36,524,000. Sanctuary Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at approximately $26,671,000. Strategic Planning Group LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $18,156,000. Financial Enhancement Group LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $16,606,000. Finally, StoneX Group Inc. increased its stake in VictoryShares Free Cash Flow ETF by 1,903.2% in the 3rd quarter. StoneX Group Inc. now owns 481,324 shares of the company’s stock valued at $16,028,000 after buying an additional 457,296 shares during the period.

VictoryShares Free Cash Flow ETF Trading Down 0.5 %

NASDAQ VFLO opened at $34.67 on Monday. The business’s 50 day moving average is $35.26 and its two-hundred day moving average is $34.61. The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 14.05 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 12-month low of $30.19 and a 12-month high of $37.04.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a dividend of $0.0638 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05.

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.