Schwallier Wealth Management LLC Acquires New Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Schwallier Wealth Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,278 shares of the company’s stock, valued at approximately $242,000.

Several other institutional investors also recently bought and sold shares of the business. Sequent Asset Management LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $324,000. Thoroughbred Financial Services LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at $209,000. TAP Consulting LLC raised its position in shares of VictoryShares Free Cash Flow ETF by 1.6% during the third quarter. TAP Consulting LLC now owns 97,130 shares of the company’s stock worth $3,234,000 after purchasing an additional 1,526 shares during the period. Kennedy Investment Group purchased a new stake in VictoryShares Free Cash Flow ETF during the third quarter valued at about $406,000. Finally, Raymond James & Associates lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 103.7% in the third quarter. Raymond James & Associates now owns 140,897 shares of the company’s stock valued at $4,692,000 after purchasing an additional 71,742 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VFLO opened at $35.42 on Tuesday. The business has a 50-day moving average of $33.60 and a 200-day moving average of $32.27. VictoryShares Free Cash Flow ETF has a fifty-two week low of $26.47 and a fifty-two week high of $36.21. The company has a market capitalization of $1.18 billion, a PE ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a dividend of $0.0053 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.06 annualized dividend and a dividend yield of 0.18%.

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.