Ocean Park Asset Management LLC Buys Shares of 15,107 VictoryShares Free Cash Flow ETF $VFLO

Ocean Park Asset Management LLC bought a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 2nd quarter, HoldingsChannel reports. The firm bought 15,107 shares of the company’s stock, valued at approximately $691,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingdom Financial Group LLC. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $25,000. Geneos Wealth Management Inc. raised its stake 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 worth $39,000 after buying an additional 750 shares during the period. Zions Bancorporation National Association UT acquired a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter worth $52,000. Assetmark Inc. raised its stake in VictoryShares Free Cash Flow ETF by 80.4% during the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after buying an additional 602 shares during the period. Finally, Silver Grove Financial Group Inc. bought a new position in VictoryShares Free Cash Flow ETF during the fourth quarter worth about $60,000.

VictoryShares Free Cash Flow ETF Trading Up 0.3%

NASDAQ:VFLO opened at $52.92 on Wednesday. VictoryShares Free Cash Flow ETF has a 1 year low of $34.55 and a 1 year high of $53.03. The stock has a market cap of $9.62 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82. The stock has a 50-day moving average price of $47.57 and a two-hundred day moving average price of $43.33.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were issued a dividend of $0.0334 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.03. The ex-dividend date was Friday, August 7th.

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.