VictoryShares Free Cash Flow ETF $VFLO Shares Purchased by Triumph Capital Management

Triumph Capital Management raised its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 20.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,413 shares of the company’s stock after acquiring an additional 38,901 shares during the quarter. VictoryShares Free Cash Flow ETF makes up approximately 2.0% of Triumph Capital Management’s portfolio, making the stock its 3rd biggest position. Triumph Capital Management’s holdings in VictoryShares Free Cash Flow ETF were worth $11,641,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of VFLO. Bank of America Corp DE lifted its position in shares of VictoryShares Free Cash Flow ETF by 10.3% during the first 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. boosted its stake in shares of VictoryShares Free Cash Flow ETF by 3.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,494,324 shares of the company’s stock valued at $114,115,000 after purchasing an additional 94,493 shares during the period. Modern Wealth Management LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 18.0% in the first quarter. Modern Wealth Management LLC now owns 2,362,996 shares of the company’s stock valued at $93,740,000 after purchasing an additional 360,996 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of VictoryShares Free Cash Flow ETF by 11.2% in the first quarter. Royal Bank of Canada now owns 2,143,575 shares of the company’s stock valued at $84,628,000 after purchasing an additional 215,541 shares in the last quarter. Finally, Krilogy Financial LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 3.7% in the first quarter. Krilogy Financial LLC now owns 1,689,273 shares of the company’s stock valued at $69,598,000 after purchasing an additional 60,489 shares in the last quarter.

VictoryShares Free Cash Flow ETF Trading Down 0.1%

VFLO traded down $0.04 during trading hours on Wednesday, hitting $53.16. 1,785,257 shares of the company’s stock were exchanged, compared to its average volume of 1,397,346. VictoryShares Free Cash Flow ETF has a 12-month low of $36.73 and a 12-month high of $56.44. The firm has a 50 day moving average of $53.41 and a 200 day moving average of $47.68. The firm has a market cap of $11.38 billion, a P/E ratio of 13.70 and a beta of 0.87.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were given a $0.0962 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $1.15 annualized dividend and a yield of 2.2%. This is a drop from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.1058.

VictoryShares Free Cash Flow ETF Company 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.