Triumph Capital Management Boosts Holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Triumph Capital Management raised its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 85.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 41,469 shares of the company’s stock after acquiring an additional 19,067 shares during the period. Triumph Capital Management’s holdings in VictoryShares Free Cash Flow ETF were worth $1,414,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VFLO. DDD Partners LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 1.5% during the 4th quarter. DDD Partners LLC now owns 58,209 shares of the company’s stock valued at $1,984,000 after acquiring an additional 868 shares during the period. SimpliFi Inc. lifted its position in VictoryShares Free Cash Flow ETF by 1.8% during the fourth quarter. SimpliFi Inc. now owns 70,610 shares of the company’s stock valued at $2,407,000 after purchasing an additional 1,275 shares in the last quarter. Allworth Financial LP bought a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $47,000. Kestra Private Wealth Services LLC increased its position in VictoryShares Free Cash Flow ETF by 7.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 22,231 shares of the company’s stock worth $758,000 after buying an additional 1,495 shares in the last quarter. Finally, Global Trust Asset Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter worth about $57,000.

VictoryShares Free Cash Flow ETF Stock Up 0.3 %

VFLO stock opened at $33.06 on Wednesday. The business’s 50-day moving average price is $33.47 and its 200-day moving average price is $34.50. The stock has a market cap of $3.48 billion, a P/E ratio of 12.24 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $37.04.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were issued a dividend of $0.0434 per share. The ex-dividend date was Thursday, April 10th. This represents a $0.52 annualized dividend and a yield of 1.58%. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01.

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.