Ledyard National Bank Acquires 233,685 Shares of VictoryShares Free Cash Flow ETF $VFLO

Ledyard National Bank raised its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 138.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 402,353 shares of the company’s stock after buying an additional 233,685 shares during the period. VictoryShares Free Cash Flow ETF makes up approximately 1.4% of Ledyard National Bank’s holdings, making the stock its 19th biggest holding. Ledyard National Bank’s holdings in VictoryShares Free Cash Flow ETF were worth $15,845,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VFLO. AQR Capital Management LLC bought a new position in VictoryShares Free Cash Flow ETF in the 1st quarter valued at $737,000. Goldman Sachs Group Inc. bought a new position in VictoryShares Free Cash Flow ETF in the 1st quarter valued at $4,233,000. Jane Street Group LLC grew its position in VictoryShares Free Cash Flow ETF by 409.5% in the 1st quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after acquiring an additional 219,816 shares during the last quarter. Geneos Wealth Management Inc. grew its position in VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in VictoryShares Free Cash Flow ETF by 5,081.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock valued at $3,957,000 after acquiring an additional 109,770 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 1.6%

Shares of VictoryShares Free Cash Flow ETF stock opened at $40.49 on Thursday. VictoryShares Free Cash Flow ETF has a 52 week low of $29.48 and a 52 week high of $40.99. The stock’s fifty day moving average is $39.83 and its two-hundred day moving average is $39.06. The company has a market capitalization of $6.32 billion, a PE ratio of 13.70 and a beta of 0.88.

VictoryShares Free Cash Flow ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.0496 per share. The ex-dividend date was Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 1.5%.

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.