New Wave Wealth Advisors LLC Makes New $111,000 Investment in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

New Wave Wealth Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 3,264 shares of the company’s stock, valued at approximately $111,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. acquired a new stake in VictoryShares Free Cash Flow ETF during the third quarter worth approximately $29,000. FMR LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $31,000. Global Trust Asset Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $57,000. Private Trust Co. NA acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $67,000. Finally, HBC Financial Services PLLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $102,000.

VictoryShares Free Cash Flow ETF Stock Down 1.4 %

Shares of NASDAQ VFLO opened at $35.51 on Friday. The firm has a market cap of $2.06 billion, a PE ratio of 13.10 and a beta of 0.75. The company’s fifty day simple moving average is $35.29 and its 200 day simple moving average is $33.87. VictoryShares Free Cash Flow ETF has a 12-month low of $28.15 and a 12-month high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

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