Janney Montgomery Scott LLC Buys 21,171 Shares of VictoryShares Free Cash Flow ETF $VFLO

Janney Montgomery Scott LLC increased its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 28.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 95,391 shares of the company’s stock after purchasing an additional 21,171 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.06% of VictoryShares Free Cash Flow ETF worth $3,766,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Kingdom Financial Group LLC. purchased a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter worth $25,000. Geneos Wealth Management Inc. increased its holdings in VictoryShares Free Cash Flow ETF by 187.5% in the 1st 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. Zions Bancorporation National Association UT bought a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter valued at about $52,000. Silver Grove Financial Group Inc. purchased a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $60,000. Finally, HM Payson & Co. boosted its position in VictoryShares Free Cash Flow ETF by 141.5% during the fourth quarter. HM Payson & Co. now owns 2,475 shares of the company’s stock worth $97,000 after purchasing an additional 1,450 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO traded up $0.46 during trading hours on Tuesday, hitting $47.35. The company’s stock had a trading volume of 158,111 shares, compared to its average volume of 1,016,757. The business has a 50 day simple moving average of $44.76 and a two-hundred day simple moving average of $41.65. VictoryShares Free Cash Flow ETF has a 52-week low of $34.11 and a 52-week high of $48.24. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Increases Dividend

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

About VictoryShares Free Cash Flow ETF

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.