KPP Advisory Services LLC Boosts Stock Position in VictoryShares Free Cash Flow ETF $VFLO

KPP Advisory Services LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLOFree Report) by 32.8% in the first quarter, Holdings Channel reports. The institutional investor owned 92,203 shares of the company’s stock after purchasing an additional 22,770 shares during the period. KPP Advisory Services LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $3,640,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE boosted its holdings in VictoryShares Free Cash Flow ETF by 7.2% in the third quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock worth $507,447,000 after acquiring an additional 912,446 shares in the last quarter. LPL Financial LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 11.3% during the fourth quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after acquiring an additional 1,249,407 shares in the last quarter. Morgan Stanley raised its position in shares of VictoryShares Free Cash Flow ETF by 22.1% in the 4th quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock worth $469,851,000 after purchasing an additional 2,158,181 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of VictoryShares Free Cash Flow ETF by 9.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock worth $291,410,000 after purchasing an additional 659,124 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its stake in VictoryShares Free Cash Flow ETF by 17.4% in the 4th quarter. Wells Fargo & Company MN now owns 6,226,521 shares of the company’s stock worth $245,200,000 after purchasing an additional 921,401 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $46.22 on Thursday. VictoryShares Free Cash Flow ETF has a one year low of $34.11 and a one year high of $48.24. The company’s 50-day moving average is $44.44 and its 200 day moving average is $41.50. The company has a market capitalization of $7.81 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were paid a $0.0469 dividend. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 9th.

About VictoryShares Free Cash Flow ETF

(Free Report)

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.

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Institutional Ownership by Quarter for VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

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