VictoryShares Free Cash Flow ETF $VFLO Shares Bought by LPL Financial LLC

LPL Financial LLC raised its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 11.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 12,280,049 shares of the company’s stock after acquiring an additional 1,249,407 shares during the period. LPL Financial LLC owned approximately 0.08% of VictoryShares Free Cash Flow ETF worth $483,588,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VFLO. Kingdom Financial Group LLC. acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth $25,000. Geneos Wealth Management Inc. lifted its stake in shares of 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 period. Assetmark Inc. lifted its stake in shares of VictoryShares Free Cash Flow ETF by 285.3% in the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after acquiring an additional 890 shares during the period. MCF Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth $65,000. Finally, Clayton Financial Group LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth $99,000.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO stock opened at $46.15 on Tuesday. VictoryShares Free Cash Flow ETF has a one year low of $34.11 and a one year high of $48.24. The stock has a market capitalization of $7.33 billion, a PE ratio of 13.70 and a beta of 0.84. The company has a fifty day moving average of $42.55 and a 200-day moving average of $40.65.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were paid a $0.0134 dividend. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Friday, May 8th.

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.