VictoryShares Free Cash Flow ETF $VFLO Stock Bought by MKP Capital Management L.L.C.

MKP Capital Management L.L.C. lifted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 156.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 561,700 shares of the company’s stock after acquiring an additional 342,700 shares during the period. VictoryShares Free Cash Flow ETF accounts for approximately 0.9% of MKP Capital Management L.L.C.’s portfolio, making the stock its 14th biggest holding. MKP Capital Management L.L.C.’s holdings in VictoryShares Free Cash Flow ETF were worth $28,753,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the third quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at about $44,000. Assetmark Inc. increased its stake in VictoryShares Free Cash Flow ETF by 80.4% during the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock valued at $53,000 after buying an additional 602 shares during the period. Pension & Wealth Management Advisors Inc. increased its stake in VictoryShares Free Cash Flow ETF by 35.9% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,359 shares of the company’s stock valued at $70,000 after buying an additional 359 shares during the period. Finally, Operose Advisors LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth about $84,000.

VictoryShares Free Cash Flow ETF Trading Up 0.0%

VFLO stock opened at $52.77 on Wednesday. The firm’s 50-day moving average is $53.38 and its two-hundred day moving average is $46.65. The company has a market capitalization of $12.24 billion, a price-to-earnings ratio of 15.63 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 52 week low of $36.73 and a 52 week high of $56.44.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 9th. Investors of record on Friday, November 6th were issued a dividend of $0.0711 per share. The ex-dividend date of this dividend was Friday, November 6th. This is a decrease from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0962. This represents a $0.85 dividend on an annualized basis and a yield of 1.6%.

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.