VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 46.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,402 shares of the company’s stock after acquiring an additional 3,961 shares during the period. Bank of New York Mellon Corp’s holdings in VictoryShares Free Cash Flow ETF were worth $423,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Traphagen Investment Advisors LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 2.7% in the fourth quarter. Traphagen Investment Advisors LLC now owns 1,659,799 shares of the company’s stock valued at $56,583,000 after purchasing an additional 42,885 shares during the last quarter. Krilogy Financial LLC lifted its stake in VictoryShares Free Cash Flow ETF by 6.6% in the 4th quarter. Krilogy Financial LLC now owns 959,449 shares of the company’s stock valued at $32,708,000 after buying an additional 59,534 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in VictoryShares Free Cash Flow ETF by 30.0% during the 4th quarter. Sanctuary Advisors LLC now owns 948,910 shares of the company’s stock valued at $34,189,000 after buying an additional 219,008 shares during the last quarter. Strategic Planning Group LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at $18,156,000. Finally, Financial Enhancement Group LLC purchased a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth $16,606,000.

VictoryShares Free Cash Flow ETF Price Performance

VictoryShares Free Cash Flow ETF stock opened at $34.10 on Friday. The stock has a market capitalization of $2.12 billion, a P/E ratio of 14.26 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 12-month low of $30.19 and a 12-month high of $37.04. The firm’s 50-day moving average is $35.20 and its two-hundred day moving average is $34.67.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were issued a $0.0638 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 10th.

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.