Private Advisor Group LLC Has $36.19 Million Stock Holdings in VictoryShares Free Cash Flow ETF $VFLO

Private Advisor Group LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 10.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 916,635 shares of the company’s stock after purchasing an additional 89,483 shares during the quarter. Private Advisor Group LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $36,189,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Trademark Financial Management LLC increased its position in VictoryShares Free Cash Flow ETF by 20.8% in the 1st quarter. Trademark Financial Management LLC now owns 62,074 shares of the company’s stock worth $2,451,000 after buying an additional 10,669 shares during the period. Axis Wealth Partners LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 5.8% in the first quarter. Axis Wealth Partners LLC now owns 74,952 shares of the company’s stock valued at $2,959,000 after acquiring an additional 4,126 shares during the period. KPP Advisory Services LLC increased its position in VictoryShares Free Cash Flow ETF by 32.8% during the first quarter. KPP Advisory Services LLC now owns 92,203 shares of the company’s stock worth $3,640,000 after acquiring an additional 22,770 shares during the period. Barnes Pettey Financial Advisors LLC increased its position in VictoryShares Free Cash Flow ETF by 3.0% during the first quarter. Barnes Pettey Financial Advisors LLC now owns 42,947 shares of the company’s stock worth $1,696,000 after acquiring an additional 1,262 shares during the period. Finally, SMART Wealth LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 1st quarter worth about $296,000.

VictoryShares Free Cash Flow ETF Stock Up 1.7%

VictoryShares Free Cash Flow ETF stock opened at $47.00 on Friday. The business has a 50 day moving average price of $44.54 and a two-hundred day moving average price of $41.55. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $48.24.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently disclosed 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 represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 9th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01.

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.