Allworth Financial LP Sells 3,192,152 Shares of VictoryShares Free Cash Flow ETF $VFLO

Allworth Financial LP reduced its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 47.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,512,017 shares of the company’s stock after selling 3,192,152 shares during the quarter. VictoryShares Free Cash Flow ETF makes up 0.6% of Allworth Financial LP’s holdings, making the stock its 25th largest position. Allworth Financial LP owned 2.65% of VictoryShares Free Cash Flow ETF worth $131,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in VFLO. Geneos Wealth Management Inc. lifted its position in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the last quarter. Assetmark Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 285.3% in the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after buying an additional 890 shares during the last quarter. MCF Advisors LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $65,000. Pin Oak Investment Advisors Inc. bought a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $131,000. Finally, Visionary Wealth Advisors bought a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $215,000.

VictoryShares Free Cash Flow ETF Trading Down 1.0%

NASDAQ VFLO opened at $39.41 on Thursday. The firm’s fifty day simple moving average is $39.93 and its two-hundred day simple moving average is $38.84. The firm has a market capitalization of $5.90 billion, a P/E ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $40.74.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were paid a dividend of $0.0496 per share. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, March 10th.

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.