Commonwealth Equity Services LLC Acquires 295,584 Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Commonwealth Equity Services LLC raised its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 74.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 693,621 shares of the company’s stock after acquiring an additional 295,584 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $23,646,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of VFLO. Hollencrest Capital Management bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth $290,000. Moors & Cabot Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth about $215,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of VictoryShares Free Cash Flow ETF by 10.5% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 27,346 shares of the company’s stock valued at $932,000 after purchasing an additional 2,599 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at about $36,524,000. Finally, Vantage Financial Partners LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth approximately $15,456,000.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO opened at $34.09 on Monday. The firm has a market cap of $2.12 billion, a P/E ratio of 14.05 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 1 year low of $30.19 and a 1 year high of $37.04. The stock has a 50 day simple moving average of $35.25 and a two-hundred day simple moving average of $34.54.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a dividend of $0.0638 per share. The ex-dividend date 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.