Legacy Financial Advisors Inc. Has $12.65 Million Holdings in VictoryShares Free Cash Flow ETF $VFLO

Legacy Financial Advisors Inc. grew its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 5.2% in the second quarter, HoldingsChannel reports. The fund owned 276,620 shares of the company’s stock after acquiring an additional 13,675 shares during the period. VictoryShares Free Cash Flow ETF accounts for 1.6% of Legacy Financial Advisors Inc.’s holdings, making the stock its 12th largest position. Legacy Financial Advisors Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $12,655,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Bank of America Corp DE increased its holdings in shares of VictoryShares Free Cash Flow ETF by 10.3% in the first quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock valued at $630,396,000 after purchasing an additional 1,489,192 shares in the last quarter. LPL Financial LLC lifted its holdings in VictoryShares Free Cash Flow ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock worth $483,588,000 after buying an additional 1,249,407 shares in the last quarter. Morgan Stanley boosted its position in VictoryShares Free Cash Flow ETF by 22.1% in the 4th quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock valued at $469,851,000 after buying an additional 2,158,181 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in VictoryShares Free Cash Flow ETF by 9.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock valued at $291,410,000 after buying an additional 659,124 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of VictoryShares Free Cash Flow ETF by 17.4% in the 4th quarter. Wells Fargo & Company MN now owns 6,226,521 shares of the company’s stock valued at $245,200,000 after buying an additional 921,401 shares during the period.

VictoryShares Free Cash Flow ETF Trading Down 0.1%

Shares of NASDAQ:VFLO opened at $55.59 on Tuesday. VictoryShares Free Cash Flow ETF has a 1-year low of $36.56 and a 1-year high of $55.89. The stock has a market capitalization of $10.11 billion, a P/E ratio of 13.70 and a beta of 0.82. The business has a 50-day moving average price of $49.99 and a two-hundred day moving average price of $44.80.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were paid a dividend of $0.0334 per share. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, August 7th.

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.