VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by LPL Financial LLC

LPL Financial LLC grew its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 11.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,280,049 shares of the company’s stock after buying an additional 1,249,407 shares during the period. LPL Financial LLC owned 8.20% of VictoryShares Free Cash Flow ETF worth $483,588,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Prime Capital Investment Advisors LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 141.2% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 26,742 shares of the company’s stock valued at $1,003,000 after buying an additional 15,655 shares in the last quarter. Vantage Financial Partners LLC boosted its stake in VictoryShares Free Cash Flow ETF by 2.3% during the 4th quarter. Vantage Financial Partners LLC now owns 802,562 shares of the company’s stock worth $31,605,000 after purchasing an additional 18,106 shares during the period. Traphagen Investment Advisors LLC boosted its stake in VictoryShares Free Cash Flow ETF by 3.6% during the 4th quarter. Traphagen Investment Advisors LLC now owns 2,392,021 shares of the company’s stock worth $94,198,000 after purchasing an additional 82,791 shares during the period. Truist Financial Corp boosted its stake in VictoryShares Free Cash Flow ETF by 5.1% during the 4th quarter. Truist Financial Corp now owns 296,075 shares of the company’s stock worth $11,659,000 after purchasing an additional 14,257 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its stake in VictoryShares Free Cash Flow ETF by 92.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 37,783 shares of the company’s stock worth $1,488,000 after purchasing an additional 18,154 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ:VFLO opened at $46.15 on Tuesday. The stock has a market cap of $7.33 billion, a P/E ratio of 13.70 and a beta of 0.84. The firm has a fifty day moving average price of $42.55 and a 200 day moving average price of $40.65. VictoryShares Free Cash Flow ETF has a 1-year low of $34.11 and a 1-year high of $48.24.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were paid a dividend of $0.0134 per share. The ex-dividend date was Friday, May 8th. This represents a c) dividend on an annualized basis and a yield of 0.3%.

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.