OneAscent Financial Services LLC Cuts Holdings in VictoryShares Free Cash Flow ETF $VFLO

OneAscent Financial Services LLC trimmed its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 89.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 28,139 shares of the company’s stock after selling 227,036 shares during the period. OneAscent Financial Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,055,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Ancora Advisors LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 1st quarter worth approximately $33,000. Ameritas Advisory Services LLC purchased a new position in VictoryShares Free Cash Flow ETF in the second quarter worth $36,000. Geneos Wealth Management Inc. boosted its position in 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 purchasing an additional 750 shares during the last quarter. Belpointe Asset Management LLC bought a new position in VictoryShares Free Cash Flow ETF in the 1st quarter valued at $203,000. Finally, Visionary Wealth Advisors purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter valued at $215,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ VFLO opened at $39.91 on Tuesday. The business’s fifty day moving average is $38.73 and its 200-day moving average is $37.27. The stock has a market capitalization of $5.65 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a one year low of $29.48 and a one year high of $40.20.

VictoryShares Free Cash Flow ETF Increases Dividend

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

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.