Adapt Wealth Advisors LLC Buys 13,211 Shares of VictoryShares Free Cash Flow ETF $VFLO

Adapt Wealth Advisors LLC lifted its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 3.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 397,159 shares of the company’s stock after buying an additional 13,211 shares during the quarter. VictoryShares Free Cash Flow ETF comprises approximately 5.5% of Adapt Wealth Advisors LLC’s holdings, making the stock its 4th largest position. Adapt Wealth Advisors LLC owned 0.30% of VictoryShares Free Cash Flow ETF worth $14,893,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of VFLO. Bank of America Corp DE raised its holdings in VictoryShares Free Cash Flow ETF by 29.5% in the 2nd quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock worth $446,098,000 after acquiring an additional 2,874,353 shares during the period. Allworth Financial LP increased its stake in shares of VictoryShares Free Cash Flow ETF by 2.0% in the second quarter. Allworth Financial LP now owns 6,704,169 shares of the company’s stock worth $236,992,000 after purchasing an additional 131,110 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of VictoryShares Free Cash Flow ETF by 14.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,341,983 shares of the company’s stock worth $224,189,000 after purchasing an additional 791,171 shares during the last quarter. Raymond James Financial Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 37.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock valued at $121,134,000 after purchasing an additional 929,599 shares during the period. Finally, HighTower Advisors LLC boosted its stake in VictoryShares Free Cash Flow ETF by 71.7% during the 3rd quarter. HighTower Advisors LLC now owns 2,857,239 shares of the company’s stock valued at $107,147,000 after purchasing an additional 1,193,452 shares during the period.

VictoryShares Free Cash Flow ETF Stock Up 0.2%

Shares of NASDAQ VFLO opened at $40.34 on Friday. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $40.67. The company has a market cap of $6.04 billion, a P/E ratio of 13.70 and a beta of 0.91. The business’s 50 day moving average is $39.84 and its two-hundred day moving average is $38.34.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were given a dividend of $0.1502 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Thursday, December 11th.

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.