Sunbelt Securities Inc. Acquires New Shares in VictoryShares Free Cash Flow ETF $VFLO

Sunbelt Securities Inc. bought a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 125,903 shares of the company’s stock, valued at approximately $4,721,000.

Several other institutional investors have also recently bought and sold shares of VFLO. Bank of America Corp DE lifted its holdings in shares of 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 worth $446,098,000 after acquiring an additional 2,874,353 shares during the last quarter. HighTower Advisors LLC increased its position in VictoryShares Free Cash Flow ETF by 71.7% during the 3rd quarter. HighTower Advisors LLC now owns 2,857,239 shares of the company’s stock worth $107,147,000 after purchasing an additional 1,193,452 shares in the last quarter. Modern Wealth Management LLC acquired a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $35,714,000. Ameriprise Financial Inc. bought a new position in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at approximately $35,234,000. Finally, Raymond James Financial Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 37.2% in the 2nd quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock valued at $121,134,000 after purchasing an additional 929,599 shares during the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $39.79 on Wednesday. The company’s 50 day moving average price is $39.95 and its two-hundred day moving average price is $38.83. The firm has a market capitalization of $5.96 billion, a P/E ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.74.

VictoryShares Free Cash Flow ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were issued a dividend of $0.0496 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 1.5%.

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.