Private Portfolio Partners LLC Purchases 23,489 Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Private Portfolio Partners LLC lifted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 196.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,424 shares of the company’s stock after purchasing an additional 23,489 shares during the period. Private Portfolio Partners LLC owned 0.06% of VictoryShares Free Cash Flow ETF worth $1,208,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 185.2% during the 4th quarter. LPL Financial LLC now owns 4,114,921 shares of the company’s stock valued at $140,278,000 after purchasing an additional 2,672,029 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter worth about $36,524,000. Sanctuary Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF in the third quarter worth about $26,671,000. Strategic Planning Group LLC purchased a new position in VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $18,156,000. Finally, StoneX Group Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 107.5% during the 4th quarter. StoneX Group Inc. now owns 998,798 shares of the company’s stock valued at $34,049,000 after acquiring an additional 517,474 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO stock opened at $34.28 on Wednesday. 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 50 day moving average of $35.13 and a 200-day moving average of $34.74. The firm has a market cap of $3.38 billion, a P/E ratio of 14.26 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a $0.0638 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05.

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.