Maridea Wealth Management LLC Has $3.58 Million Holdings in VictoryShares Free Cash Flow ETF $VFLO

Maridea Wealth Management LLC boosted its holdings in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 18.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 95,266 shares of the company’s stock after acquiring an additional 14,833 shares during the period. Maridea Wealth Management LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $3,584,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of VFLO. Bank of America Corp DE increased its holdings 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. HighTower Advisors LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF by 71.7% in the third quarter. HighTower Advisors LLC now owns 2,857,239 shares of the company’s stock valued at $107,147,000 after buying an additional 1,193,452 shares during the period. Modern Wealth Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the second quarter worth approximately $35,714,000. Ameriprise Financial Inc. bought a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth $35,234,000. Finally, Raymond James Financial Inc. increased its stake in VictoryShares Free Cash Flow ETF by 37.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,426,701 shares of the company’s stock worth $121,134,000 after acquiring an additional 929,599 shares during the period.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO opened at $40.00 on Wednesday. The company has a market cap of $5.99 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.67. The stock has a fifty day moving average price of $39.82 and a 200-day moving average price of $38.25.

VictoryShares Free Cash Flow ETF Increases Dividend

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

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.