Rockefeller Capital Management L.P. Increases Stock Holdings in VictoryShares Free Cash Flow ETF $VFLO

Rockefeller Capital Management L.P. raised its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 310.6% during the fourth quarter, Holdings Channel reports. The firm owned 451,005 shares of the company’s stock after buying an additional 341,160 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in VictoryShares Free Cash Flow ETF were worth $17,761,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Kingdom Financial Group LLC. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth about $25,000. Geneos Wealth Management Inc. increased its position in shares of VictoryShares Free Cash Flow ETF by 187.5% during the first 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. Assetmark Inc. increased its position in shares of VictoryShares Free Cash Flow ETF by 285.3% during the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock valued at $45,000 after buying an additional 890 shares during the period. Zions Bancorporation National Association UT bought a new position in VictoryShares Free Cash Flow ETF in the fourth quarter worth about $52,000. Finally, Silver Grove Financial Group Inc. bought a new position in VictoryShares Free Cash Flow ETF in the fourth quarter worth about $60,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $45.33 on Wednesday. VictoryShares Free Cash Flow ETF has a 1 year low of $34.11 and a 1 year high of $48.24. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84. The company has a 50-day moving average of $43.87 and a 200 day moving average of $41.23.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were given a $0.0469 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. 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%.

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.