Western Wealth Management LLC Has $8.25 Million Stock Holdings in VictoryShares Free Cash Flow ETF $VFLO

Western Wealth Management LLC grew its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1.0% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 233,397 shares of the company’s stock after acquiring an additional 2,250 shares during the period. Western Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $8,251,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Ancora Advisors LLC bought a new position in VictoryShares Free Cash Flow ETF during the first quarter worth about $33,000. Ameritas Advisory Services LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter valued at about $36,000. Geneos Wealth Management Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 187.5% in the 1st 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 during the period. Belpointe Asset Management LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $203,000. Finally, Wedbush Securities Inc. bought a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $219,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO opened at $38.30 on Friday. The firm has a market cap of $5.07 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 $38.78. The firm’s 50 day moving average price is $37.67 and its two-hundred day moving average price is $36.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 10th. Investors of record on Friday, November 7th were given a $0.025 dividend. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Friday, November 7th.

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.