61,102 Shares in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Acquired by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. purchased a new stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 61,102 shares of the company’s stock, valued at approximately $2,035,000. VictoryShares Free Cash Flow ETF makes up approximately 0.7% of Legacy Capital Group California Inc.’s portfolio, making the stock its 25th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of VFLO. Commonwealth Equity Services LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 101.4% in the first quarter. Commonwealth Equity Services LLC now owns 41,315 shares of the company’s stock worth $1,339,000 after buying an additional 20,798 shares during the period. Thoroughbred Financial Services LLC purchased a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $209,000. Kennedy Investment Group acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $406,000. Private Advisor Group LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at $613,000. Finally, Annex Advisory Services LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter worth $96,294,000.

VictoryShares Free Cash Flow ETF Trading Up 0.7 %

Shares of VFLO stock opened at $33.20 on Friday. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 1-year low of $24.61 and a 1-year high of $34.17. The stock’s fifty day simple moving average is $33.03 and its 200-day simple moving average is $31.92.

VictoryShares Free Cash Flow ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were paid a dividend of $0.0214 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.26 annualized dividend and a yield of 0.77%.

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.