VictoryShares Free Cash Flow ETF $VFLO Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 1,319.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 1,538,447 shares of the company’s stock after purchasing an additional 1,430,052 shares during the period. VictoryShares Free Cash Flow ETF makes up 1.1% of Parallel Advisors LLC’s investment portfolio, making the stock its 15th largest holding. Parallel Advisors LLC owned about 0.97% of VictoryShares Free Cash Flow ETF worth $60,738,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of VFLO. Kingdom Financial Group LLC. acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth about $25,000. Geneos Wealth Management Inc. grew its holdings 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 worth $39,000 after buying an additional 750 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at about $52,000. Assetmark Inc. increased its position in VictoryShares Free Cash Flow ETF by 80.4% in the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock valued at $53,000 after acquiring an additional 602 shares during the period. Finally, Silver Grove Financial Group Inc. purchased a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $60,000.

VictoryShares Free Cash Flow ETF Stock Up 1.0%

VFLO opened at $50.50 on Wednesday. VictoryShares Free Cash Flow ETF has a 52 week low of $34.28 and a 52 week high of $50.67. The business has a 50 day moving average price of $47.06 and a two-hundred day moving average price of $42.91. The company has a market cap of $9.18 billion, a PE ratio of 13.70 and a beta of 0.82.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.0249 per share. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, July 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.