Global Trust Asset Management LLC Takes Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Global Trust Asset Management LLC acquired a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 1,681 shares of the company’s stock, valued at approximately $57,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in VFLO. Annex Advisory Services LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $96,294,000. Miracle Mile Advisors LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 0.7% during the 3rd quarter. Miracle Mile Advisors LLC now owns 2,670,965 shares of the company’s stock valued at $88,943,000 after acquiring an additional 17,888 shares during the period. Victory Capital Management Inc. increased its stake in shares of VictoryShares Free Cash Flow ETF by 1.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,389,979 shares of the company’s stock worth $79,586,000 after purchasing an additional 30,000 shares in the last quarter. Traphagen Investment Advisors LLC raised its holdings in VictoryShares Free Cash Flow ETF by 2.7% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,659,799 shares of the company’s stock worth $56,583,000 after purchasing an additional 42,885 shares during the period. Finally, Krilogy Financial LLC lifted its position in VictoryShares Free Cash Flow ETF by 6.6% during the fourth quarter. Krilogy Financial LLC now owns 959,449 shares of the company’s stock valued at $32,708,000 after purchasing an additional 59,534 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Down 0.3 %

Shares of VFLO opened at $35.85 on Thursday. The business has a 50-day simple moving average of $35.27 and a two-hundred day simple moving average of $33.65. VictoryShares Free Cash Flow ETF has a 52 week low of $27.86 and a 52 week high of $37.04. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0062 dividend. The ex-dividend date was Wednesday, January 8th.

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.