Patriot Financial Group Insurance Agency LLC Takes $2.43 Million Position in VictoryShares Free Cash Flow ETF $VFLO

Patriot Financial Group Insurance Agency LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 61,474 shares of the company’s stock, valued at approximately $2,427,000.

Several other large investors also recently added to or reduced their stakes in VFLO. Kingdom Financial Group LLC. purchased a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $25,000. Geneos Wealth Management Inc. boosted its position in VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the period. Zions Bancorporation National Association UT purchased a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter worth about $52,000. Silver Grove Financial Group Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at approximately $60,000. Finally, HM Payson & Co. grew its position in shares of VictoryShares Free Cash Flow ETF by 141.5% in the fourth quarter. HM Payson & Co. now owns 2,475 shares of the company’s stock valued at $97,000 after purchasing an additional 1,450 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO opened at $46.19 on Monday. The business’s 50-day moving average price is $44.17 and its 200-day moving average price is $41.36. The stock has a market cap of $7.33 billion, a PE ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a twelve month low of $34.11 and a twelve month high of $48.24.

VictoryShares Free Cash Flow ETF Increases Dividend

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

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.