Landmark Wealth Management LLC Cuts Stock Position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Landmark Wealth Management LLC trimmed its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1.7% in the fourth quarter, HoldingsChannel reports. The firm owned 374,693 shares of the company’s stock after selling 6,516 shares during the period. VictoryShares Free Cash Flow ETF makes up about 5.7% of Landmark Wealth Management LLC’s portfolio, making the stock its 4th largest position. Landmark Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $12,773,000 as of its most recent filing with the Securities and Exchange Commission.

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

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ VFLO opened at $36.07 on Tuesday. The firm’s 50-day simple moving average is $35.29 and its 200 day simple moving average is $33.75. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a fifty-two week low of $28.15 and a fifty-two week high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 9th. Investors 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 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.