Integrated Wealth Concepts LLC Acquires 18,650 Shares of VictoryShares Free Cash Flow ETF $VFLO

Integrated Wealth Concepts LLC lifted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 18.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 118,215 shares of the company’s stock after purchasing an additional 18,650 shares during the quarter. Integrated Wealth Concepts LLC owned 0.07% of VictoryShares Free Cash Flow ETF worth $5,408,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Curry Webb Wealth Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $15,459,000. Patriot Financial Group Insurance Agency LLC bought a new position in VictoryShares Free Cash Flow ETF in the first quarter valued at approximately $2,427,000. Northwestern Mutual Wealth Management Co. raised its position in VictoryShares Free Cash Flow ETF by 9.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock valued at $291,410,000 after purchasing an additional 659,124 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in VictoryShares Free Cash Flow ETF by 6.1% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 896,153 shares of the company’s stock valued at $35,291,000 after purchasing an additional 51,566 shares in the last quarter. Finally, Marble Wealth LLC acquired a new position in VictoryShares Free Cash Flow ETF during the fourth quarter valued at approximately $19,429,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $53.88 on Friday. The stock’s fifty day moving average price is $51.56 and its two-hundred day moving average price is $45.68. The company has a market cap of $9.80 billion, a PE ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a fifty-two week low of $36.56 and a fifty-two week high of $56.44.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a $0.1058 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Wednesday, September 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.