Horan Securities Inc. Takes $407,000 Position in VictoryShares Free Cash Flow ETF $VFLO

Horan Securities Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 11,499 shares of the company’s stock, valued at approximately $407,000.

A number of other institutional investors have also made changes to their positions in VFLO. LPL Financial LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 85.6% during the 1st quarter. LPL Financial LLC now owns 7,635,991 shares of the company’s stock valued at $261,762,000 after purchasing an additional 3,521,070 shares during the last quarter. Allworth Financial LP raised its position in shares of VictoryShares Free Cash Flow ETF by 505,519.9% in the first quarter. Allworth Financial LP now owns 6,573,059 shares of the company’s stock valued at $215,991,000 after purchasing an additional 6,571,759 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 58.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 5,550,812 shares of the company’s stock worth $190,282,000 after buying an additional 2,056,804 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 49.0% during the 1st quarter. Victory Capital Management Inc. now owns 3,606,250 shares of the company’s stock worth $123,622,000 after buying an additional 1,186,179 shares during the last quarter. Finally, Annex Advisory Services LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 35.7% during the 2nd quarter. Annex Advisory Services LLC now owns 3,173,134 shares of the company’s stock worth $112,170,000 after buying an additional 834,478 shares during the period.

VictoryShares Free Cash Flow ETF Stock Up 0.7%

VictoryShares Free Cash Flow ETF stock opened at $37.71 on Thursday. The stock has a market cap of $4.99 billion, a P/E ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $38.53. The company’s 50-day moving average price is $37.57 and its two-hundred day moving average price is $35.76.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, October 9th were issued a dividend of $0.0395 per share. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, October 9th.

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.