GeoWealth Management LLC Has $933,000 Stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

GeoWealth Management LLC raised its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 21.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,370 shares of the company’s stock after acquiring an additional 4,769 shares during the quarter. GeoWealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $933,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC grew its holdings in VictoryShares Free Cash Flow ETF by 185.2% during the fourth quarter. LPL Financial LLC now owns 4,114,921 shares of the company’s stock worth $140,278,000 after purchasing an additional 2,672,029 shares during the period. Victory Capital Management Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF by 1.3% during the 4th quarter. Victory Capital Management Inc. now owns 2,420,071 shares of the company’s stock worth $82,500,000 after acquiring an additional 30,092 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in VictoryShares Free Cash Flow ETF by 80.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,871,045 shares of the company’s stock valued at $63,784,000 after acquiring an additional 831,712 shares during the period. Traphagen Investment Advisors LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 2.7% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,659,799 shares of the company’s stock valued at $56,583,000 after purchasing an additional 42,885 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth $36,524,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $31.78 on Friday. The firm’s fifty day moving average price is $33.93 and its two-hundred day moving average price is $34.56. The company has a market cap of $3.29 billion, a P/E ratio of 12.24 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a one year low of $29.48 and a one year high of $37.04.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were issued a $0.0434 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a $0.52 annualized dividend and a yield of 1.64%. The ex-dividend date was Thursday, April 10th.

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.