48,051 Shares in VictoryShares Free Cash Flow ETF $VFLO Bought by J. R. Prunier Capital Management LLC

J. R. Prunier Capital Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 48,051 shares of the company’s stock, valued at approximately $1,897,000. VictoryShares Free Cash Flow ETF accounts for approximately 0.8% of J. R. Prunier Capital Management LLC’s portfolio, making the stock its 19th largest holding.

A number of other large investors also recently modified their holdings of VFLO. Bank of America Corp DE grew its position in VictoryShares Free Cash Flow ETF by 10.3% in the 1st quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock worth $630,396,000 after purchasing an additional 1,489,192 shares during the last quarter. LPL Financial LLC raised its holdings in VictoryShares Free Cash Flow ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after acquiring an additional 1,249,407 shares in the last quarter. Morgan Stanley lifted its position in shares of VictoryShares Free Cash Flow ETF by 22.1% in the 4th quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock worth $469,851,000 after acquiring an additional 2,158,181 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of VictoryShares Free Cash Flow ETF by 9.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock valued at $291,410,000 after purchasing an additional 659,124 shares during the period. Finally, Wells Fargo & Company MN raised its stake in shares of VictoryShares Free Cash Flow ETF by 17.4% in the fourth quarter. Wells Fargo & Company MN now owns 6,226,521 shares of the company’s stock valued at $245,200,000 after purchasing an additional 921,401 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VFLO opened at $49.74 on Monday. The firm’s fifty day moving average price is $46.82 and its two-hundred day moving average price is $42.77. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $50.67. The company has a market capitalization of $9.01 billion, a P/E ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.0249 dividend. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, July 9th.

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.