Mechanics Bank Trust Department Buys 13,970 Shares of VictoryShares Free Cash Flow ETF $VFLO

Mechanics Bank Trust Department grew its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 22.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 77,550 shares of the company’s stock after purchasing an additional 13,970 shares during the period. Mechanics Bank Trust Department’s holdings in VictoryShares Free Cash Flow ETF were worth $2,908,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ancora Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter valued at about $33,000. AQR Capital Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF in the first quarter valued at approximately $737,000. Integrated Wealth Concepts LLC increased its holdings in shares of VictoryShares Free Cash Flow ETF by 145.0% during the first quarter. Integrated Wealth Concepts LLC now owns 34,380 shares of the company’s stock valued at $1,179,000 after acquiring an additional 20,345 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of VictoryShares Free Cash Flow ETF by 23.0% during the first quarter. NewEdge Advisors LLC now owns 58,846 shares of the company’s stock worth $2,017,000 after purchasing an additional 10,991 shares during the period. Finally, Sepio Capital LP lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 122.0% in the 1st quarter. Sepio Capital LP now owns 515,368 shares of the company’s stock worth $17,667,000 after purchasing an additional 283,202 shares in the last quarter.

VictoryShares Free Cash Flow ETF Trading Up 0.1%

NASDAQ VFLO opened at $39.42 on Monday. The company has a market cap of $5.58 billion, a P/E ratio of 13.70 and a beta of 0.91. The company has a fifty day simple moving average of $38.70 and a 200 day simple moving average of $37.24. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $40.20.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were given a dividend of $0.1502 per share. The ex-dividend date of this dividend was Thursday, December 11th. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.