Maridea Wealth Management LLC Has $3.58 Million Holdings in VictoryShares Free Cash Flow ETF $VFLO

Maridea Wealth Management LLC grew its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 18.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 95,266 shares of the company’s stock after purchasing an additional 14,833 shares during the quarter. Maridea Wealth Management LLC owned approximately 0.07% of VictoryShares Free Cash Flow ETF worth $3,584,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of VFLO. Bank of America Corp DE boosted its stake in VictoryShares Free Cash Flow ETF by 29.5% in the second quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock valued at $446,098,000 after acquiring an additional 2,874,353 shares during the last quarter. Allworth Financial LP lifted its stake in shares of VictoryShares Free Cash Flow ETF by 2.0% in the 2nd quarter. Allworth Financial LP now owns 6,704,169 shares of the company’s stock valued at $236,992,000 after purchasing an additional 131,110 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of VictoryShares Free Cash Flow ETF by 14.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,341,983 shares of the company’s stock worth $224,189,000 after purchasing an additional 791,171 shares during the period. Raymond James Financial Inc. grew its stake in shares of VictoryShares Free Cash Flow ETF by 37.2% during the second quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock worth $121,134,000 after purchasing an additional 929,599 shares during the period. Finally, HighTower Advisors LLC increased its holdings in VictoryShares Free Cash Flow ETF by 71.7% in the third quarter. HighTower Advisors LLC now owns 2,857,239 shares of the company’s stock valued at $107,147,000 after purchasing an additional 1,193,452 shares during the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 0.6%

NASDAQ:VFLO opened at $40.00 on Wednesday. VictoryShares Free Cash Flow ETF has a 1-year low of $29.48 and a 1-year high of $40.67. The firm has a market capitalization of $5.99 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. The business’s 50-day moving average price is $39.82 and its two-hundred day moving average price is $38.25.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a dividend of $0.1502 per share. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Thursday, December 11th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

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.