Orion Porfolio Solutions LLC Decreases Stock Position in VictoryShares Free Cash Flow ETF $VFLO

Orion Porfolio Solutions LLC decreased its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 665,838 shares of the company’s stock after selling 34,771 shares during the period. Orion Porfolio Solutions LLC owned about 0.50% of VictoryShares Free Cash Flow ETF worth $24,969,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VFLO. Geneos Wealth Management Inc. increased its position in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Assetmark Inc. grew its holdings in shares of VictoryShares Free Cash Flow ETF by 285.3% during the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock valued at $45,000 after purchasing an additional 890 shares during the last quarter. MCF Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the third quarter worth $65,000. Visionary Wealth Advisors acquired a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter valued at about $215,000. Finally, Global Assets Advisory LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter worth approximately $234,000.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO opened at $40.38 on Thursday. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $40.67. The stock has a market cap of $6.05 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. The business has a fifty day moving average of $39.94 and a 200-day moving average of $38.62.

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 a boost 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) annualized dividend and a dividend yield of 4.5%.

About VictoryShares Free Cash Flow ETF

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.