International Assets Investment Management LLC Buys New Stake in VictoryShares Free Cash Flow ETF $VFLO

International Assets Investment Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,975 shares of the company’s stock, valued at approximately $676,000.

Several other institutional investors have also added to or reduced their stakes in the company. Kestra Advisory Services LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 49.6% in the third quarter. Kestra Advisory Services LLC now owns 106,865 shares of the company’s stock valued at $5,470,000 after acquiring an additional 35,432 shares during the period. Commonwealth Equity Services LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $77,594,000. Integras Partners LLC boosted its holdings in VictoryShares Free Cash Flow ETF by 31.2% in the 3rd quarter. Integras Partners LLC now owns 21,534 shares of the company’s stock valued at $1,102,000 after purchasing an additional 5,117 shares during the period. First Nebraska Trust Co acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $444,000. Finally, Keeler Thomas Management LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $498,000.

VictoryShares Free Cash Flow ETF Trading Up 0.0%

Shares of VFLO opened at $52.77 on Wednesday. The stock has a market capitalization of $12.24 billion, a PE ratio of 15.63 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 12 month low of $36.73 and a 12 month high of $56.44. The firm’s 50 day moving average is $53.38 and its 200-day moving average is $46.65.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 9th. Stockholders of record on Friday, November 6th were issued a dividend of $0.0711 per share. This is a decrease from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0962. The ex-dividend date of this dividend was Friday, November 6th. This represents a $0.85 annualized dividend and a dividend yield of 1.6%.

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.