Stratos Wealth Partners LTD. Invests $405,000 in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Stratos Wealth Partners LTD. purchased a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,807 shares of the company’s stock, valued at approximately $405,000.

A number of other hedge funds and other institutional investors have also modified their holdings of VFLO. HM Payson & Co. bought a new position in VictoryShares Free Cash Flow ETF during the first quarter valued at about $35,000. Burkett Financial Services LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the 1st quarter valued at approximately $45,000. Jones Financial Companies Lllp acquired a new position in VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $59,000. Steward Partners Investment Advisory LLC purchased a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $130,000. Finally, Tower Research Capital LLC TRC purchased a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $194,000.

VictoryShares Free Cash Flow ETF Stock Down 0.2%

VFLO opened at $35.78 on Tuesday. The firm has a market capitalization of $4.42 billion, a P/E ratio of 13.70 and a beta of 0.94. The stock has a fifty day moving average of $34.70 and a 200-day moving average of $34.40. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 11th. Investors of record on Thursday, July 10th were paid a $0.0184 dividend. This represents a $0.22 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend was Thursday, July 10th.

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.