Mechanics Bank Trust Department Makes New $690,000 Investment in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Posted by Grant Hamersma on Jan 20th, 2025

Mechanics Bank Trust Department acquired a new stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 20,235 shares of the company’s stock, valued at approximately $690,000.

Other large investors have also recently made changes to their positions in the company. CarsonAllaria Wealth Management Ltd. bought a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $29,000. FMR LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $31,000. Private Trust Co. NA bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $67,000. Raleigh Capital Management Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $175,000. Finally, Outlook Wealth Advisors LLC bought a new position in VictoryShares Free Cash Flow ETF in the 4th quarter worth $213,000.

VictoryShares Free Cash Flow ETF Stock Up 0.3 %

NASDAQ:VFLO opened at $35.79 on Monday. The business’s 50-day simple moving average is $35.27 and its two-hundred day simple moving average is $33.56. VictoryShares Free Cash Flow ETF has a 52 week low of $27.58 and a 52 week high of $37.04. The stock has a market cap of $1.89 billion, a PE ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0062 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

VictoryShares Free Cash Flow ETF Company Profile

(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.