151,964 Shares in VictoryShares Free Cash Flow ETF $VFLO Purchased by Fifth Third Bancorp

Fifth Third Bancorp purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 151,964 shares of the company’s stock, valued at approximately $6,000,000.

Several other large investors have also added to or reduced their stakes in VFLO. Private Trust Co. NA increased its holdings in VictoryShares Free Cash Flow ETF by 4.7% during the 4th quarter. Private Trust Co. NA now owns 13,275 shares of the company’s stock worth $523,000 after purchasing an additional 600 shares in the last quarter. Kingdom Financial Group LLC. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter worth approximately $25,000. Cornerstone Wealth Management LLC lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 0.8% in the fourth quarter. Cornerstone Wealth Management LLC now owns 92,426 shares of the company’s stock valued at $3,640,000 after purchasing an additional 712 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings 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 valued at $39,000 after purchasing an additional 750 shares in the last quarter. Finally, NewEdge Wealth LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 2.8% during the fourth quarter. NewEdge Wealth LLC now owns 30,028 shares of the company’s stock valued at $1,182,000 after buying an additional 826 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 0.8%

Shares of NASDAQ:VFLO opened at $47.89 on Friday. The business’s 50 day moving average is $45.60 and its 200 day moving average is $42.10. VictoryShares Free Cash Flow ETF has a 12-month low of $34.11 and a 12-month high of $48.24. The stock has a market cap of $8.35 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

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

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.