Patriot Financial Group Insurance Agency LLC Purchases Shares of 61,474 VictoryShares Free Cash Flow ETF $VFLO

Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the first quarter, HoldingsChannel reports. The fund acquired 61,474 shares of the company’s stock, valued at approximately $2,427,000.

Several other hedge funds have also added to or reduced their stakes in VFLO. Bank of America Corp DE lifted its stake in shares of VictoryShares Free Cash Flow ETF by 29.5% in the 2nd quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock valued at $446,098,000 after acquiring an additional 2,874,353 shares during the last quarter. Morgan Stanley raised its holdings in shares of VictoryShares Free Cash Flow ETF by 22.1% during the fourth quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock valued at $469,851,000 after acquiring an additional 2,158,181 shares in the last quarter. LPL Financial LLC lifted its stake in VictoryShares Free Cash Flow ETF by 11.3% in the fourth quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock worth $483,588,000 after acquiring an additional 1,249,407 shares during the period. Ameriprise Financial Inc. purchased a new stake in VictoryShares Free Cash Flow ETF in the second quarter worth $35,234,000. Finally, Raymond James Financial Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 37.2% in the second quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock valued at $121,134,000 after acquiring an additional 929,599 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ VFLO opened at $46.19 on Monday. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $48.24. The firm has a market capitalization of $7.33 billion, a PE ratio of 13.70 and a beta of 0.84. The firm has a fifty day simple moving average of $44.17 and a two-hundred day simple moving average of $41.36.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were given a dividend of $0.0469 per share. This is an increase 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%. The ex-dividend date was Tuesday, June 9th.

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.