Whittier Trust Co. of Nevada Inc. Invests $753,000 in VictoryShares Free Cash Flow ETF $VFLO

Whittier Trust Co. of Nevada Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,836 shares of the company’s stock, valued at approximately $753,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Kingdom Financial Group LLC. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at approximately $25,000. Geneos Wealth Management Inc. boosted its stake in shares of VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth approximately $52,000. Silver Grove Financial Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth approximately $60,000. Finally, HM Payson & Co. raised its stake in VictoryShares Free Cash Flow ETF by 141.5% in the 4th quarter. HM Payson & Co. now owns 2,475 shares of the company’s stock valued at $97,000 after purchasing an additional 1,450 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $47.46 on Wednesday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $48.24. The stock’s fifty day moving average is $44.87 and its two-hundred day moving average is $41.71. The firm has a market capitalization of $8.09 billion, a P/E ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were paid a $0.0469 dividend. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 9th.

VictoryShares Free Cash Flow ETF Company 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.