VictoryShares Free Cash Flow ETF $VFLO is RVW Wealth LLC’s 9th Largest Position

RVW Wealth LLC boosted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1.8% in the second quarter, HoldingsChannel.com reports. The fund owned 1,018,265 shares of the company’s stock after acquiring an additional 17,647 shares during the quarter. VictoryShares Free Cash Flow ETF comprises about 3.1% of RVW Wealth LLC’s portfolio, making the stock its 9th largest holding. RVW Wealth LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $46,586,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of VictoryShares Free Cash Flow ETF by 29.5% in the second quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock valued at $446,098,000 after purchasing an additional 2,874,353 shares during the period. Morgan Stanley lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 22.1% during the fourth quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock worth $469,851,000 after purchasing an additional 2,158,181 shares during the period. Parallel Advisors LLC lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 1,319.3% during the first quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock worth $60,738,000 after purchasing an additional 1,430,052 shares during the period. LPL Financial LLC boosted its position in VictoryShares Free Cash Flow ETF by 11.3% in the fourth quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after buying an additional 1,249,407 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new stake in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $35,234,000.

VictoryShares Free Cash Flow ETF Trading Down 0.2%

Shares of NASDAQ:VFLO opened at $50.34 on Friday. VictoryShares Free Cash Flow ETF has a twelve month low of $34.28 and a twelve month high of $51.12. The company has a market cap of $9.15 billion, a PE ratio of 13.70 and a beta of 0.82. The company’s 50 day moving average is $47.29 and its 200 day moving average is $43.06.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.0249 dividend. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 9th.

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.