Stonebridge Financial Group LLC MO Invests $1.19 Million in VictoryShares Free Cash Flow ETF $VFLO

Stonebridge Financial Group LLC MO purchased a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 30,171 shares of the company’s stock, valued at approximately $1,188,000. VictoryShares Free Cash Flow ETF makes up approximately 1.0% of Stonebridge Financial Group LLC MO’s investment portfolio, making the stock its 25th biggest position.

Other hedge funds have also made changes to their positions in the company. Geneos Wealth Management Inc. raised its holdings in VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares in the last quarter. Assetmark Inc. raised its holdings in VictoryShares Free Cash Flow ETF by 285.3% in the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock valued at $45,000 after acquiring an additional 890 shares in the last quarter. MCF Advisors LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $65,000. Clayton Financial Group LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at approximately $99,000. Finally, Tradewinds Capital Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at approximately $114,000.

VictoryShares Free Cash Flow ETF Stock Down 0.7%

Shares of NASDAQ:VFLO opened at $42.92 on Wednesday. The firm’s 50 day moving average price is $40.63 and its 200 day moving average price is $39.73. The stock has a market cap of $6.81 billion, a price-to-earnings ratio of 13.70 and a beta of 0.80. VictoryShares Free Cash Flow ETF has a fifty-two week low of $33.34 and a fifty-two week high of $43.78.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were issued a $0.0134 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a c) annualized dividend and a yield of 0.4%.

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.