Summit Financial LLC Has $15.01 Million Stock Holdings in VictoryShares Free Cash Flow ETF $VFLO

Summit Financial LLC lessened its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 4.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 381,252 shares of the company’s stock after selling 16,525 shares during the quarter. Summit Financial LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $15,014,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vantage Financial Partners LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 2.3% during the 4th quarter. Vantage Financial Partners LLC now owns 802,562 shares of the company’s stock worth $31,605,000 after buying an additional 18,106 shares during the last quarter. Traphagen Investment Advisors LLC raised its stake in VictoryShares Free Cash Flow ETF by 3.6% in the 4th quarter. Traphagen Investment Advisors LLC now owns 2,392,021 shares of the company’s stock worth $94,198,000 after purchasing an additional 82,791 shares in the last quarter. Truist Financial Corp raised its stake in VictoryShares Free Cash Flow ETF by 5.1% in the 4th quarter. Truist Financial Corp now owns 296,075 shares of the company’s stock worth $11,659,000 after purchasing an additional 14,257 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in VictoryShares Free Cash Flow ETF by 92.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 37,783 shares of the company’s stock worth $1,488,000 after purchasing an additional 18,154 shares in the last quarter. Finally, Ledyard National Bank raised its stake in VictoryShares Free Cash Flow ETF by 138.5% in the 4th quarter. Ledyard National Bank now owns 402,353 shares of the company’s stock worth $15,845,000 after purchasing an additional 233,685 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Up 0.9%

Shares of VictoryShares Free Cash Flow ETF stock opened at $46.29 on Friday. VictoryShares Free Cash Flow ETF has a twelve month low of $34.11 and a twelve month high of $48.24. The company has a 50-day simple moving average of $43.08 and a two-hundred day simple moving average of $40.87. The stock has a market capitalization of $7.35 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Increases Dividend

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

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.