VictoryShares Free Cash Flow ETF $VFLO Shares Purchased by Mechanics Bank Trust Department

Mechanics Bank Trust Department boosted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 13.8% in the 2nd quarter, Holdings Channel reports. The fund owned 87,002 shares of the company’s stock after acquiring an additional 10,543 shares during the quarter. Mechanics Bank Trust Department’s holdings in VictoryShares Free Cash Flow ETF were worth $3,980,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. M.E. Allison & CO. Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 32.6% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 49,458 shares of the company’s stock worth $2,263,000 after purchasing an additional 12,158 shares in the last quarter. Financial Enhancement Group LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 1.0% during the 2nd quarter. Financial Enhancement Group LLC now owns 473,000 shares of the company’s stock worth $21,640,000 after purchasing an additional 4,813 shares during the last quarter. J. R. Prunier Capital Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the first quarter valued at approximately $1,897,000. Curry Webb Wealth Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the first quarter valued at approximately $15,459,000. Finally, Pine Valley Investments Ltd Liability Co increased its holdings in shares of VictoryShares Free Cash Flow ETF by 9.5% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 167,702 shares of the company’s stock valued at $6,621,000 after purchasing an additional 14,564 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO opened at $50.42 on Thursday. VictoryShares Free Cash Flow ETF has a one year low of $34.28 and a one year high of $51.12. The stock has a market cap of $9.17 billion, a PE ratio of 13.70 and a beta of 0.82. The stock has a 50 day moving average price of $47.18 and a 200 day moving average price of $42.99.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were issued a $0.0249 dividend. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, July 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.