Sunbelt Securities Inc. Invests $4.72 Million in VictoryShares Free Cash Flow ETF $VFLO

Sunbelt Securities Inc. purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 125,903 shares of the company’s stock, valued at approximately $4,721,000. Sunbelt Securities Inc. owned approximately 0.10% of VictoryShares Free Cash Flow ETF at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in VFLO. AQR Capital Management LLC bought a new position in VictoryShares Free Cash Flow ETF during the 1st quarter worth $737,000. Goldman Sachs Group Inc. bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 1st quarter valued at $4,233,000. Jane Street Group LLC grew its stake in VictoryShares Free Cash Flow ETF by 409.5% during the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock worth $9,375,000 after buying an additional 219,816 shares in the last quarter. 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 valued at $39,000 after buying an additional 750 shares during the period. Finally, PNC Financial Services Group Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at approximately $409,000.

VictoryShares Free Cash Flow ETF Trading Up 0.7%

Shares of VictoryShares Free Cash Flow ETF stock opened at $39.79 on Wednesday. The company has a market cap of $5.96 billion, a PE ratio of 13.70 and a beta of 0.91. The company has a 50 day moving average of $39.95 and a 200-day moving average of $38.83. VictoryShares Free Cash Flow ETF has a 1-year low of $29.48 and a 1-year high of $40.74.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.0496 per share. The ex-dividend date was Tuesday, March 10th. This represents a c) annualized dividend and a yield of 1.5%.

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.