Transform Wealth LLC Acquires 14,971 Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Transform Wealth LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 12.7% in the fourth quarter, HoldingsChannel reports. The fund owned 132,652 shares of the company’s stock after purchasing an additional 14,971 shares during the quarter. Transform Wealth LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $4,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of VFLO. HBC Financial Services PLLC purchased a new position in VictoryShares Free Cash Flow ETF during the fourth quarter valued at $102,000. M.E. Allison & CO. Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $232,000. Mechanics Bank Trust Department purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $690,000. Krilogy Financial LLC raised its stake in VictoryShares Free Cash Flow ETF by 6.6% during the 4th quarter. Krilogy Financial LLC now owns 959,449 shares of the company’s stock worth $32,708,000 after acquiring an additional 59,534 shares during the period. Finally, Goldstone Financial Group LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $3,576,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO stock opened at $35.79 on Tuesday. VictoryShares Free Cash Flow ETF has a one year low of $27.58 and a one year high of $37.04. The company’s fifty day moving average price is $35.26 and its 200-day moving average price is $33.60. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a dividend of $0.0062 per share. The ex-dividend date of this dividend was Wednesday, January 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.