Pine Valley Investments Ltd Liability Co Boosts Stake in VictoryShares Free Cash Flow ETF $VFLO

Pine Valley Investments Ltd Liability Co increased its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 9.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 167,702 shares of the company’s stock after acquiring an additional 14,564 shares during the period. Pine Valley Investments Ltd Liability Co owned approximately 0.11% of VictoryShares Free Cash Flow ETF worth $6,621,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of America Corp DE boosted its position in 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 in the last quarter. LPL Financial LLC grew its holdings in VictoryShares Free Cash Flow ETF by 11.3% in the fourth 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. Morgan Stanley increased its position in shares of VictoryShares Free Cash Flow ETF by 22.1% in the fourth quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock valued at $469,851,000 after buying an additional 2,158,181 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of VictoryShares Free Cash Flow ETF by 9.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock valued at $291,410,000 after buying an additional 659,124 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of VictoryShares Free Cash Flow ETF by 17.4% during the 4th quarter. Wells Fargo & Company MN now owns 6,226,521 shares of the company’s stock worth $245,200,000 after buying an additional 921,401 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO stock opened at $49.74 on Monday. VictoryShares Free Cash Flow ETF has a 1-year low of $34.11 and a 1-year high of $50.67. 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 has a 50 day simple moving average of $46.82 and a 200-day simple moving average of $42.77.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 10th. Investors 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 of this dividend was Thursday, July 9th.

VictoryShares Free Cash Flow ETF Company 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.