Strategic Planning Group LLC Takes $18.16 Million Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Strategic Planning Group LLC purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 532,580 shares of the company’s stock, valued at approximately $18,156,000. VictoryShares Free Cash Flow ETF accounts for 3.3% of Strategic Planning Group LLC’s holdings, making the stock its 7th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VFLO. Allen Capital Group LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $12,195,000. Gateway Wealth Partners LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter worth $200,000. Kennedy Investment Group lifted its holdings in VictoryShares Free Cash Flow ETF by 63.1% during the fourth quarter. Kennedy Investment Group now owns 19,897 shares of the company’s stock worth $678,000 after acquiring an additional 7,696 shares in the last quarter. Patriot Financial Group Insurance Agency LLC grew its stake in VictoryShares Free Cash Flow ETF by 590.5% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 157,460 shares of the company’s stock valued at $5,368,000 after acquiring an additional 134,656 shares during the period. Finally, Astor Investment Management LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 46.6% in the fourth quarter. Astor Investment Management LLC now owns 383,572 shares of the company’s stock worth $13,076,000 after acquiring an additional 121,948 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ VFLO opened at $35.81 on Thursday. VictoryShares Free Cash Flow ETF has a one year low of $28.15 and a one year high of $37.04. The firm has a market cap of $2.08 billion, a P/E ratio of 13.10 and a beta of 0.75. The stock’s 50-day moving average is $35.31 and its 200-day moving average is $33.83.

VictoryShares Free Cash Flow ETF Cuts Dividend

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

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.