Legacy Financial Advisors Inc. Acquires 13,675 Shares of VictoryShares Free Cash Flow ETF $VFLO

Legacy Financial Advisors Inc. increased its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 5.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 276,620 shares of the company’s stock after acquiring an additional 13,675 shares during the quarter. VictoryShares Free Cash Flow ETF comprises approximately 1.6% of Legacy Financial Advisors Inc.’s holdings, making the stock its 12th largest holding. Legacy Financial Advisors Inc. owned 0.15% of VictoryShares Free Cash Flow ETF worth $12,655,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. AQR Capital Management LLC bought a new position in VictoryShares Free Cash Flow ETF during the first quarter valued at about $737,000. Goldman Sachs Group Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $4,233,000. Jane Street Group LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 409.5% during the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after purchasing an additional 219,816 shares during the period. Geneos Wealth Management Inc. increased its position in shares of 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 valued at $39,000 after purchasing an additional 750 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in VictoryShares Free Cash Flow ETF by 5,081.9% in the second quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock worth $3,957,000 after purchasing an additional 109,770 shares during the period.

VictoryShares Free Cash Flow ETF Trading Down 0.1%

NASDAQ VFLO opened at $55.59 on Tuesday. The stock’s 50 day moving average is $49.99 and its two-hundred day moving average is $44.80. The company has a market capitalization of $10.11 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82. VictoryShares Free Cash Flow ETF has a 1-year low of $36.56 and a 1-year high of $55.89.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were given a dividend of $0.0334 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.03. The ex-dividend date was Friday, August 7th.

VictoryShares Free Cash Flow ETF 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.