Fourpath Capital Management LLC Raises Stock Holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Fourpath Capital Management LLC increased its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 22.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,738 shares of the company’s stock after purchasing an additional 2,562 shares during the period. Fourpath Capital Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $471,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC grew its stake in VictoryShares Free Cash Flow ETF by 185.2% in the fourth quarter. LPL Financial LLC now owns 4,114,921 shares of the company’s stock worth $140,278,000 after purchasing an additional 2,672,029 shares during the period. Bank of America Corp DE grew its stake in VictoryShares Free Cash Flow ETF by 109.8% in the fourth quarter. Bank of America Corp DE now owns 4,019,954 shares of the company’s stock worth $137,040,000 after purchasing an additional 2,103,541 shares during the period. Smith Anglin Financial LLC grew its stake in VictoryShares Free Cash Flow ETF by 4,182.0% in the first quarter. Smith Anglin Financial LLC now owns 2,565,838 shares of the company’s stock worth $87,957,000 after purchasing an additional 2,505,916 shares during the period. Victory Capital Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 1.3% in the fourth quarter. Victory Capital Management Inc. now owns 2,420,071 shares of the company’s stock worth $82,500,000 after purchasing an additional 30,092 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 80.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 1,871,045 shares of the company’s stock worth $63,784,000 after purchasing an additional 831,712 shares during the period.

VictoryShares Free Cash Flow ETF Stock Up 0.3%

Shares of VFLO stock opened at $34.79 on Tuesday. The stock has a market cap of $3.77 billion, a price-to-earnings ratio of 13.42 and a beta of 0.75. The business’s fifty day moving average is $33.06 and its 200 day moving average is $34.41. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $37.04.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 10th. Investors of record on Monday, June 9th will be paid a $0.0796 dividend. This represents a $0.95 annualized dividend and a yield of 2.74%. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.00. The ex-dividend date of this dividend is Monday, June 9th.

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.