VictoryShares Free Cash Flow ETF $VFLO Shares Bought by Royal Bank of Canada

Royal Bank of Canada raised its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 11.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,143,575 shares of the company’s stock after buying an additional 215,541 shares during the period. Royal Bank of Canada owned approximately 1.35% of VictoryShares Free Cash Flow ETF worth $84,628,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Kingdom Financial Group LLC. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth $25,000. Geneos Wealth Management Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the period. Zions Bancorporation National Association UT acquired a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth $52,000. Assetmark Inc. grew 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 purchasing an additional 602 shares in the last quarter. Finally, Silver Grove Financial Group Inc. purchased a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter worth about $60,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO opened at $49.74 on Friday. The company has a market cap of $9.01 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85. The stock’s 50-day moving average is $46.82 and its two-hundred day moving average is $42.76. VictoryShares Free Cash Flow ETF has a 1-year low of $34.11 and a 1-year high of $50.67.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.0249 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%.

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.