Victory Capital Management Inc. Boosts Holdings in VictoryShares Free Cash Flow ETF $VFLO

Victory Capital Management Inc. lifted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 2.9% during the third quarter, HoldingsChannel reports. The firm owned 4,051,250 shares of the company’s stock after purchasing an additional 115,000 shares during the quarter. Victory Capital Management Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $151,922,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. AE Wealth Management LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 0.8% in the 3rd quarter. AE Wealth Management LLC now owns 47,134 shares of the company’s stock worth $1,768,000 after buying an additional 366 shares in the last quarter. Sigma Planning Corp grew its stake in shares of VictoryShares Free Cash Flow ETF by 1.0% during the second quarter. Sigma Planning Corp now owns 38,137 shares of the company’s stock valued at $1,348,000 after acquiring an additional 375 shares in the last quarter. PFG Investments LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 7.5% during the third quarter. PFG Investments LLC now owns 9,569 shares of the company’s stock worth $359,000 after acquiring an additional 671 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Finally, Sowa Financial Group Inc. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 7.7% in the third quarter. Sowa Financial Group Inc. now owns 12,236 shares of the company’s stock worth $459,000 after acquiring an additional 874 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Down 1.0%

VFLO stock opened at $40.21 on Wednesday. The stock’s 50 day moving average is $39.93 and its two-hundred day moving average is $38.61. VictoryShares Free Cash Flow ETF has a 52-week low of $29.48 and a 52-week high of $40.67. The company has a market capitalization of $6.02 billion, a PE ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were given a $0.1502 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Thursday, December 11th. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

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.