Stratos Wealth Partners LTD. Acquires 18,154 Shares of VictoryShares Free Cash Flow ETF $VFLO

Stratos Wealth Partners LTD. boosted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 92.5% in the 4th quarter, HoldingsChannel reports. The firm owned 37,783 shares of the company’s stock after purchasing an additional 18,154 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in VictoryShares Free Cash Flow ETF were worth $1,488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in VictoryShares Free Cash Flow ETF by 7.2% in the 3rd quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock worth $507,447,000 after purchasing an additional 912,446 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in VictoryShares Free Cash Flow ETF by 6.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,740,833 shares of the company’s stock worth $252,781,000 after purchasing an additional 398,850 shares during the period. Raymond James Financial Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 23.6% in the 3rd quarter. Raymond James Financial Inc. now owns 4,236,356 shares of the company’s stock worth $158,863,000 after purchasing an additional 809,655 shares during the period. Victory Capital Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 2.9% in the 3rd quarter. Victory Capital Management Inc. now owns 4,051,250 shares of the company’s stock worth $151,922,000 after purchasing an additional 115,000 shares during the period. Finally, UBS Group AG boosted its stake in VictoryShares Free Cash Flow ETF by 22.2% in the 3rd quarter. UBS Group AG now owns 3,073,511 shares of the company’s stock worth $115,257,000 after purchasing an additional 557,787 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

VFLO stock opened at $40.49 on Thursday. VictoryShares Free Cash Flow ETF has a 1-year low of $29.48 and a 1-year high of $40.99. The company has a market capitalization of $6.32 billion, a price-to-earnings ratio of 13.70 and a beta of 0.88. The business has a 50 day simple moving average of $39.83 and a two-hundred day simple moving average of $39.06.

VictoryShares Free Cash Flow ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were paid a $0.0496 dividend. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, March 10th.

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.