HighTower Advisors LLC Decreases Holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

HighTower Advisors LLC lowered its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 38.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 59,650 shares of the company’s stock after selling 37,220 shares during the period. HighTower Advisors LLC owned about 0.10% of VictoryShares Free Cash Flow ETF worth $2,033,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in VFLO. Moors & Cabot Inc. purchased a new position in VictoryShares Free Cash Flow ETF during the 4th quarter valued at about $215,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in VictoryShares Free Cash Flow ETF by 10.5% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 27,346 shares of the company’s stock valued at $932,000 after acquiring an additional 2,599 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $36,524,000. Vantage Financial Partners LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $15,456,000. Finally, Atria Investments Inc raised its position in shares of VictoryShares Free Cash Flow ETF by 134.9% in the 4th quarter. Atria Investments Inc now owns 208,375 shares of the company’s stock worth $7,103,000 after acquiring an additional 119,655 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $34.67 on Monday. VictoryShares Free Cash Flow ETF has a 1-year low of $30.19 and a 1-year high of $37.04. The firm’s 50-day moving average price is $35.26 and its 200-day moving average price is $34.61. The company has a market capitalization of $2.15 billion, a PE ratio of 14.05 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a dividend of $0.0638 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 10th.

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.