Axxcess Wealth Management LLC Acquires New Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Axxcess Wealth Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,362 shares of the company’s stock, valued at approximately $278,000.

Several other large investors have also bought and sold shares of VFLO. Annex Advisory Services LLC acquired a new position in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $96,294,000. Great Valley Advisor Group Inc. bought a new stake in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $15,449,000. Miracle Mile Advisors LLC increased its stake in VictoryShares Free Cash Flow ETF by 19.9% in the second quarter. Miracle Mile Advisors LLC now owns 2,653,077 shares of the company’s stock valued at $82,033,000 after purchasing an additional 441,010 shares in the last quarter. Astor Investment Management LLC bought a new stake in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $8,712,000. Finally, Envestnet Asset Management Inc. bought a new stake in VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $7,873,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ:VFLO opened at $35.55 on Friday. VictoryShares Free Cash Flow ETF has a 52 week low of $26.28 and a 52 week high of $36.21. The company has a market capitalization of $1.18 billion, a PE ratio of 13.10 and a beta of 0.75. The company has a 50 day moving average price of $33.46 and a two-hundred day moving average price of $32.20.

VictoryShares Free Cash Flow ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were paid a $0.0053 dividend. This represents a $0.06 annualized dividend and a yield of 0.18%. The ex-dividend date of this dividend was Thursday, November 7th.

VictoryShares Free Cash Flow ETF 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.