Kestra Private Wealth Services LLC Purchases 12,041 Shares of VictoryShares Free Cash Flow ETF $VFLO

Kestra Private Wealth Services LLC grew its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 65.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,309 shares of the company’s stock after purchasing an additional 12,041 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $1,197,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Kingdom Financial Group LLC. acquired a new position in VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $25,000. Geneos Wealth Management Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in 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 position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $52,000. Silver Grove Financial Group Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the fourth quarter valued at $60,000. Finally, HM Payson & Co. increased its stake in shares of VictoryShares Free Cash Flow ETF by 141.5% in the 4th quarter. HM Payson & Co. now owns 2,475 shares of the company’s stock valued at $97,000 after purchasing an additional 1,450 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ:VFLO opened at $45.75 on Wednesday. The business’s 50 day moving average price is $44.35 and its 200-day moving average price is $41.45. The firm has a market capitalization of $7.26 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84. 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 Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a $0.0469 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 1.2%. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01.

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.