17,148 Shares in VictoryShares Free Cash Flow ETF $VFLO Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp bought a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 17,148 shares of the company’s stock, valued at approximately $647,000.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE raised its position in shares of VictoryShares Free Cash Flow ETF by 29.5% during the second quarter. Bank of America Corp DE now owns 12,619,465 shares of the company’s stock worth $446,098,000 after purchasing an additional 2,874,353 shares during the period. Modern Wealth Management LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $35,714,000. Ameriprise Financial Inc. acquired a new stake in VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $35,234,000. Raymond James Financial Inc. lifted its stake in VictoryShares Free Cash Flow ETF by 37.2% in the second quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock valued at $121,134,000 after buying an additional 929,599 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in VictoryShares Free Cash Flow ETF by 14.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 6,341,983 shares of the company’s stock valued at $224,189,000 after buying an additional 791,171 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 1.3%

VictoryShares Free Cash Flow ETF stock opened at $40.26 on Friday. The company has a 50 day moving average of $39.78 and a 200-day moving average of $38.14. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $40.67. The stock has a market capitalization of $6.03 billion, a PE ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were issued a dividend of $0.1502 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. The ex-dividend date was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.