Traphagen Investment Advisors LLC Has $86.60 Million Stock Holdings in VictoryShares Free Cash Flow ETF $VFLO

Traphagen Investment Advisors LLC increased its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 4.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,309,230 shares of the company’s stock after purchasing an additional 90,140 shares during the quarter. VictoryShares Free Cash Flow ETF comprises about 7.5% of Traphagen Investment Advisors LLC’s holdings, making the stock its 3rd largest position. Traphagen Investment Advisors LLC owned 1.80% of VictoryShares Free Cash Flow ETF worth $86,596,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VFLO. Ancora Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth about $33,000. Ameritas Advisory Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at about $36,000. Geneos Wealth Management Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the first quarter worth about $203,000. Finally, Visionary Wealth Advisors bought a new position in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $215,000.

VictoryShares Free Cash Flow ETF Trading Down 1.2%

Shares of NASDAQ:VFLO opened at $39.23 on Wednesday. The company has a 50 day moving average of $38.16 and a 200 day moving average of $36.80. The stock has a market cap of $5.19 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 $40.20.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared 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 was Thursday, December 11th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

VictoryShares Free Cash Flow ETF Company 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.