SHP Wealth Management Purchases New Shares in VictoryShares Free Cash Flow ETF $VFLO

SHP Wealth Management purchased a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,759 shares of the company’s stock, valued at approximately $660,000.

Several other institutional investors and hedge funds also recently bought and sold shares of VFLO. AQR Capital Management LLC bought a new position in VictoryShares Free Cash Flow ETF during the first quarter valued at $737,000. Goldman Sachs Group Inc. bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 1st quarter worth about $4,233,000. Jane Street Group LLC grew its holdings in VictoryShares Free Cash Flow ETF by 409.5% during the 1st quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after purchasing an additional 219,816 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in VictoryShares Free Cash Flow ETF by 5,081.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock worth $3,957,000 after purchasing an additional 109,770 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ:VFLO opened at $45.25 on Friday. VictoryShares Free Cash Flow ETF has a 1 year low of $34.11 and a 1 year high of $48.24. The business has a 50 day simple moving average of $43.65 and a two-hundred day simple moving average of $41.12. The firm has a market capitalization of $7.18 billion, a PE ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a $0.0469 dividend. The ex-dividend date was Tuesday, June 9th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) annualized dividend and a dividend yield of 1.2%.

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.