46,402 VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 84.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 101,118 shares of the company’s stock after purchasing an additional 46,402 shares during the period. Oppenheimer & Co. Inc.’s holdings in VictoryShares Free Cash Flow ETF were worth $5,176,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bank of America Corp DE increased its stake in VictoryShares Free Cash Flow ETF by 10.3% in the 1st quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock worth $630,396,000 after purchasing an additional 1,489,192 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 3.9% during the second quarter. Envestnet Asset Management Inc. now owns 2,494,324 shares of the company’s stock valued at $114,115,000 after buying an additional 94,493 shares in the last quarter. Modern Wealth Management LLC lifted its stake in VictoryShares Free Cash Flow ETF by 18.0% during the first quarter. Modern Wealth Management LLC now owns 2,362,996 shares of the company’s stock valued at $93,740,000 after buying an additional 360,996 shares in the last quarter. Royal Bank of Canada lifted its stake in VictoryShares Free Cash Flow ETF by 11.2% during the first quarter. Royal Bank of Canada now owns 2,143,575 shares of the company’s stock valued at $84,628,000 after buying an additional 215,541 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 1,319.3% in the first quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock worth $60,738,000 after buying an additional 1,430,052 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

VFLO stock opened at $54.14 on Friday. VictoryShares Free Cash Flow ETF has a 52-week low of $36.73 and a 52-week high of $56.44. The company’s 50 day simple moving average is $53.71 and its 200-day simple moving average is $46.12. The firm has a market capitalization of $12.18 billion, a P/E ratio of 13.70 and a beta of 0.87.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were paid a $0.0962 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $1.15 dividend on an annualized basis and a yield of 2.1%. This is a negative change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058.

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.