Bay Colony Advisory Group Inc d b a Bay Colony Advisors Grows Stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 10.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,346 shares of the company’s stock after purchasing an additional 2,599 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in VictoryShares Free Cash Flow ETF were worth $932,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lifestyle Asset Management Inc. raised its stake in VictoryShares Free Cash Flow ETF by 0.8% in the third quarter. Lifestyle Asset Management Inc. now owns 57,278 shares of the company’s stock valued at $1,907,000 after buying an additional 460 shares during the last quarter. Sequent Asset Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $324,000. Atria Investments Inc purchased a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $2,954,000. Sigma Planning Corp acquired a new position in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at approximately $236,000. Finally, Legacy Capital Wealth Partners LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the third quarter worth $502,000.

VictoryShares Free Cash Flow ETF Trading Up 0.9 %

NASDAQ:VFLO opened at $34.81 on Friday. The firm has a fifty day simple moving average of $35.26 and a 200-day simple moving average of $34.47. VictoryShares Free Cash Flow ETF has a 12 month low of $30.19 and a 12 month high of $37.04. The company has a market capitalization of $2.16 billion, a P/E ratio of 14.45 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a dividend of $0.0486 per share. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

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.