76,367 Shares in VictoryShares Free Cash Flow ETF $VFLO Acquired by Virginia Estate & Retirement Planning Advisors Inc.

Virginia Estate & Retirement Planning Advisors Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 76,367 shares of the company’s stock, valued at approximately $3,908,000. VictoryShares Free Cash Flow ETF accounts for about 4.9% of Virginia Estate & Retirement Planning Advisors Inc.’s holdings, making the stock its 4th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VFLO. Bank of America Corp DE lifted its position in VictoryShares Free Cash Flow ETF by 10.3% during the first quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock valued at $630,396,000 after purchasing an additional 1,489,192 shares during the period. Parallel Advisors LLC grew its position in VictoryShares Free Cash Flow ETF by 1,319.3% in the 1st 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. Wilkerson Advisory Group LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter worth approximately $23,102,000. Curry Webb Wealth Management LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter worth approximately $15,459,000. Finally, Kirkwood Financial Services purchased a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $17,750,000.

VictoryShares Free Cash Flow ETF Trading Up 0.6%

Shares of VFLO opened at $53.20 on Wednesday. The firm has a market cap of $11.39 billion, a PE ratio of 13.70 and a beta of 0.87. The firm has a fifty day simple moving average of $53.41 and a two-hundred day simple moving average of $47.68. VictoryShares Free Cash Flow ETF has a 1-year low of $36.61 and a 1-year high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a $0.0962 dividend. This is a decrease from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058. The ex-dividend date was Thursday, October 8th. This represents a $1.15 dividend on an annualized basis and a dividend yield of 2.2%.

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.