Mirae Asset Global Investments Co. Ltd. Acquires 22,000 Shares of VictoryShares Free Cash Flow ETF $VFLO

Mirae Asset Global Investments Co. Ltd. acquired a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,000 shares of the company’s stock, valued at approximately $1,126,000.

Several other hedge funds have also made changes to their positions in the business. Bank of America Corp DE grew its holdings in shares of VictoryShares Free Cash Flow ETF by 10.3% during the first quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock worth $630,396,000 after buying an additional 1,489,192 shares during the last quarter. Parallel Advisors LLC raised its stake in VictoryShares Free Cash Flow ETF by 1,319.3% during the 1st quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock valued at $60,738,000 after acquiring an additional 1,430,052 shares during the last quarter. Wilkerson Advisory Group LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter valued at approximately $23,102,000. Teamwork Financial Advisors LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at approximately $21,756,000. Finally, Curry Webb Wealth Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $15,459,000.

VictoryShares Free Cash Flow ETF Stock Performance

VictoryShares Free Cash Flow ETF stock opened at $51.96 on Monday. The stock has a 50 day moving average of $53.49 and a two-hundred day moving average of $46.53. VictoryShares Free Cash Flow ETF has a twelve month low of $36.73 and a twelve month high of $56.44. The stock has a market capitalization of $12.05 billion, a price-to-earnings ratio of 15.63 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.0711 per share. This represents a $0.85 annualized dividend and a dividend yield of 1.6%. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0962. The ex-dividend date is Friday, November 6th.

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.