23,232 Shares in VictoryShares Free Cash Flow ETF $VFLO Purchased by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,232 shares of the company’s stock, valued at approximately $917,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kingdom Financial Group LLC. purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $25,000. Geneos Wealth Management Inc. raised its holdings in VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the period. Zions Bancorporation National Association UT purchased a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at $52,000. Silver Grove Financial Group Inc. bought a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter worth $60,000. Finally, HM Payson & Co. lifted its position in VictoryShares Free Cash Flow ETF by 141.5% in the fourth quarter. HM Payson & Co. now owns 2,475 shares of the company’s stock worth $97,000 after buying an additional 1,450 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 0.0%

VFLO stock opened at $47.81 on Tuesday. VictoryShares Free Cash Flow ETF has a twelve month low of $34.11 and a twelve month high of $48.28. The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85. The firm’s fifty day simple moving average is $45.77 and its two-hundred day simple moving average is $42.21.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.0249 dividend. 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 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.