5,870 Shares in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Acquired by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC bought a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,870 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds have also modified their holdings of the company. Annex Advisory Services LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter worth $96,294,000. Miracle Mile Advisors LLC grew its stake in VictoryShares Free Cash Flow ETF by 0.7% in the third 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. grew its stake in VictoryShares Free Cash Flow ETF by 1.3% in the third quarter. Victory Capital Management Inc. now owns 2,389,979 shares of the company’s stock valued at $79,586,000 after acquiring an additional 30,000 shares during the period. Traphagen Investment Advisors LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 2.7% in the fourth quarter. Traphagen Investment Advisors LLC now owns 1,659,799 shares of the company’s stock worth $56,583,000 after acquiring an additional 42,885 shares in the last quarter. Finally, Krilogy Financial LLC raised its position in shares of 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 worth $32,708,000 after purchasing an additional 59,534 shares during the period.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $35.81 on Thursday. VictoryShares Free Cash Flow ETF has a 52 week low of $28.15 and a 52 week high of $37.04. The company’s 50 day moving average price is $35.31 and its two-hundred day moving average price is $33.83. The company has a market capitalization of $2.08 billion, a P/E ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a dividend of $0.0062 per share. The ex-dividend date of this dividend 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.