VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC increased its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 20.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,432 shares of the company’s stock after acquiring an additional 16,408 shares during the period. EverSource Wealth Advisors LLC owned about 0.07% of VictoryShares Free Cash Flow ETF worth $3,691,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VFLO. Bank of America Corp DE increased its stake in VictoryShares Free Cash Flow ETF by 29.5% during the second quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock worth $446,098,000 after purchasing an additional 2,874,353 shares during the period. HighTower Advisors LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 71.7% in the third 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 in the last quarter. Modern Wealth Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $35,714,000. Ameriprise Financial Inc. acquired a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $35,234,000. Finally, Raymond James Financial Inc. boosted its position in VictoryShares Free Cash Flow ETF by 37.2% in the 2nd quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock valued at $121,134,000 after buying an additional 929,599 shares during the period.

VictoryShares Free Cash Flow ETF Trading Up 0.9%

VictoryShares Free Cash Flow ETF stock opened at $39.91 on Wednesday. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $40.67. The stock’s fifty day simple moving average is $39.85 and its 200-day simple moving average is $38.44. The firm has a market capitalization of $5.98 billion, a P/E ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were given a dividend of $0.1502 per share. 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. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.