VictoryShares Free Cash Flow ETF $VFLO Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 65.9% during the 1st quarter, HoldingsChannel reports. The fund owned 30,309 shares of the company’s stock after acquiring an additional 12,041 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,197,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Vantage Financial Partners LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 2.3% during the 4th quarter. Vantage Financial Partners LLC now owns 802,562 shares of the company’s stock worth $31,605,000 after purchasing an additional 18,106 shares during the period. Truist Financial Corp increased its stake in VictoryShares Free Cash Flow ETF by 5.1% during the 4th quarter. Truist Financial Corp now owns 296,075 shares of the company’s stock worth $11,659,000 after buying an additional 14,257 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of VictoryShares Free Cash Flow ETF by 92.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 37,783 shares of the company’s stock worth $1,488,000 after acquiring an additional 18,154 shares during the period. Traphagen Investment Advisors LLC raised its position in VictoryShares Free Cash Flow ETF by 3.6% in the 4th quarter. Traphagen Investment Advisors LLC now owns 2,392,021 shares of the company’s stock valued at $94,198,000 after purchasing an additional 82,791 shares in the last quarter. Finally, Ledyard National Bank raised its holdings in VictoryShares Free Cash Flow ETF by 138.5% in the fourth quarter. Ledyard National Bank now owns 402,353 shares of the company’s stock valued at $15,845,000 after acquiring an additional 233,685 shares in the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 0.7%

Shares of VFLO stock opened at $45.75 on Wednesday. The firm has a fifty day moving average price of $44.35 and a 200 day moving average price of $41.45. The company has a market cap of $7.26 billion, a P/E ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $48.24.

VictoryShares Free Cash Flow ETF Increases Dividend

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

VictoryShares Free Cash Flow ETF Company 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.