Bank of New Hampshire Purchases 118,284 Shares of VictoryShares Free Cash Flow ETF $VFLO

Bank of New Hampshire acquired a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 118,284 shares of the company’s stock, valued at approximately $6,055,000. VictoryShares Free Cash Flow ETF comprises about 1.3% of Bank of New Hampshire’s portfolio, making the stock its 19th largest holding. Bank of New Hampshire owned about 0.06% of VictoryShares Free Cash Flow ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of VFLO. Bank of America Corp DE raised its position in shares of VictoryShares Free Cash Flow ETF by 10.3% during the first quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock worth $630,396,000 after purchasing an additional 1,489,192 shares during the period. LPL Financial LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after purchasing an additional 1,249,407 shares during the period. Envestnet Asset Management Inc. increased its stake in VictoryShares Free Cash Flow ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,494,324 shares of the company’s stock worth $114,115,000 after purchasing an additional 94,493 shares in the last quarter. Modern Wealth Management LLC increased its stake in VictoryShares Free Cash Flow ETF by 18.0% in the 1st quarter. Modern Wealth Management LLC now owns 2,362,996 shares of the company’s stock worth $93,740,000 after purchasing an additional 360,996 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in VictoryShares Free Cash Flow ETF by 11.2% during the 1st quarter. Royal Bank of Canada now owns 2,143,575 shares of the company’s stock worth $84,628,000 after buying an additional 215,541 shares during the period.

VictoryShares Free Cash Flow ETF Trading Up 0.2%

VFLO stock traded up $0.13 during mid-day trading on Tuesday, reaching $52.15. 2,395,319 shares of the stock traded hands, compared to its average volume of 1,374,776. VictoryShares Free Cash Flow ETF has a 52-week low of $36.56 and a 52-week high of $56.44. The company has a market cap of $11.18 billion, a P/E ratio of 13.70 and a beta of 0.87. The stock’s fifty day moving average is $53.07 and its 200-day moving average is $47.13.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a dividend of $0.1058 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.0334. This represents a $1.27 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, September 9th.

About VictoryShares Free Cash Flow ETF

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.