VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 138.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 88,378 shares of the company’s stock after buying an additional 51,382 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $3,030,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. LPL Financial LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 185.2% in the 4th quarter. LPL Financial LLC now owns 4,114,921 shares of the company’s stock valued at $140,278,000 after acquiring an additional 2,672,029 shares during the period. Bank of America Corp DE grew its position in VictoryShares Free Cash Flow ETF by 109.8% during the 4th 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 last quarter. Smith Anglin Financial LLC increased 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 valued at $87,957,000 after purchasing an additional 2,505,916 shares during the period. Victory Capital Management Inc. raised its holdings in shares of 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 valued at $82,500,000 after buying an additional 30,092 shares during the last quarter. Finally, Traphagen Investment Advisors LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF by 26.5% during the first quarter. Traphagen Investment Advisors LLC now owns 2,099,116 shares of the company’s stock worth $71,958,000 after buying an additional 439,317 shares during the period.

VictoryShares Free Cash Flow ETF Stock Down 0.9%

NASDAQ VFLO opened at $35.01 on Wednesday. The firm has a market cap of $3.79 billion, a P/E ratio of 13.58 and a beta of 0.94. VictoryShares Free Cash Flow ETF has a 52-week low of $29.48 and a 52-week high of $37.04. The business’s 50-day moving average price is $33.54 and its 200 day moving average price is $34.37.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Monday, June 9th were given a dividend of $0.0796 per share. This represents a $0.95 dividend on an annualized basis and a yield of 2.73%. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.00. The ex-dividend date of this dividend was Monday, June 9th.

About VictoryShares Free Cash Flow ETF

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.