First American Bank Takes $509,000 Position in VictoryShares Free Cash Flow ETF $VFLO

First American Bank bought a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,904 shares of the company’s stock, valued at approximately $509,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Kingdom Financial Group LLC. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at approximately $25,000. Geneos Wealth Management Inc. increased its stake in shares of 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 worth $39,000 after buying an additional 750 shares during the period. Zions Bancorporation National Association UT bought a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at $52,000. Silver Grove Financial Group Inc. bought a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at $60,000. Finally, HM Payson & Co. raised its holdings in VictoryShares Free Cash Flow ETF by 141.5% during the 4th quarter. HM Payson & Co. now owns 2,475 shares of the company’s stock valued at $97,000 after buying an additional 1,450 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 0.1%

Shares of VictoryShares Free Cash Flow ETF stock opened at $45.55 on Friday. The firm has a market cap of $7.23 billion, a PE ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 12-month low of $34.11 and a 12-month high of $48.24. The company’s fifty day simple moving average is $44.07 and its two-hundred day simple moving average is $41.31.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.0469 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 9th.

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.