Prospera Private Wealth LLC Makes New $248,000 Investment in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Prospera Private Wealth LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 3rd quarter, Holdings Channel reports. The firm purchased 7,446 shares of the company’s stock, valued at approximately $248,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Annex Advisory Services LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth $96,294,000. Miracle Mile Advisors LLC boosted its stake in 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 worth $88,943,000 after purchasing an additional 17,888 shares during the period. Victory Capital Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 1.3% during 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 during the period. Traphagen Investment Advisors LLC boosted its stake in VictoryShares Free Cash Flow ETF by 3.1% during the 3rd quarter. Traphagen Investment Advisors LLC now owns 1,616,914 shares of the company’s stock worth $53,843,000 after purchasing an additional 47,932 shares during the period. Finally, Great Valley Advisor Group Inc. acquired a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth $15,449,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $35.85 on Thursday. The company has a market cap of $1.19 billion, a P/E ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a one year low of $26.47 and a one year high of $36.21. The firm has a fifty day moving average of $33.74 and a two-hundred day moving average of $32.34.

VictoryShares Free Cash Flow ETF Announces Dividend

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

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.