Kennedy Investment Group Increases Stock Position in VictoryShares Free Cash Flow ETF $VFLO

Kennedy Investment Group grew its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 27.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,118 shares of the company’s stock after purchasing an additional 16,824 shares during the period. VictoryShares Free Cash Flow ETF comprises about 1.1% of Kennedy Investment Group’s portfolio, making the stock its 21st largest position. Kennedy Investment Group owned about 0.05% of VictoryShares Free Cash Flow ETF worth $3,037,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA raised its holdings in shares of VictoryShares Free Cash Flow ETF by 0.7% in the third quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock valued at $1,682,000 after purchasing an additional 309 shares during the last quarter. AE Wealth Management LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 0.8% in the third quarter. AE Wealth Management LLC now owns 47,134 shares of the company’s stock valued at $1,768,000 after purchasing an additional 366 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of VictoryShares Free Cash Flow ETF by 4.7% in the fourth quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock valued at $523,000 after purchasing an additional 600 shares during the last quarter. PFG Investments LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 7.5% in the third quarter. PFG Investments LLC now owns 9,569 shares of the company’s stock valued at $359,000 after purchasing an additional 671 shares during the last quarter. Finally, Cornerstone Wealth Management LLC increased its holdings in VictoryShares Free Cash Flow ETF by 0.8% during the fourth quarter. Cornerstone Wealth Management LLC now owns 92,426 shares of the company’s stock worth $3,640,000 after buying an additional 712 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ VFLO opened at $42.57 on Wednesday. VictoryShares Free Cash Flow ETF has a 52-week low of $33.34 and a 52-week high of $43.78. The company has a 50-day simple moving average of $40.86 and a 200 day simple moving average of $39.89. The company has a market capitalization of $6.76 billion, a PE ratio of 13.70 and a beta of 0.80.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were issued a dividend of $0.0134 per share. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, May 8th.

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.