KPP Advisory Services LLC Has $324,000 Stake in VictoryShares Free Cash Flow ETF $VFLO

KPP Advisory Services LLC reduced its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 83.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,167 shares of the company’s stock after selling 46,574 shares during the period. KPP Advisory Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $324,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VFLO. Ancora Advisors LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $33,000. HM Payson & Co. bought a new stake in VictoryShares Free Cash Flow ETF during the first quarter worth about $35,000. Ameritas Advisory Services LLC acquired a new position in VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $36,000. Geneos Wealth Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares in the last quarter. Finally, Smith Salley Wealth Management acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $201,000.

VictoryShares Free Cash Flow ETF Stock Up 0.4%

Shares of VictoryShares Free Cash Flow ETF stock opened at $38.04 on Tuesday. The stock has a market cap of $4.89 billion, a P/E ratio of 13.70 and a beta of 0.94. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $38.22. The business’s 50 day moving average is $36.68 and its 200-day moving average is $34.99.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, September 8th were paid a $0.1465 dividend. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.00. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Monday, September 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.