Kennedy Investment Group Boosts Holdings in VictoryShares Free Cash Flow ETF $VFLO

Kennedy Investment Group increased its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 27.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 77,118 shares of the company’s stock after buying an additional 16,824 shares during the period. VictoryShares Free Cash Flow ETF comprises about 1.1% of Kennedy Investment Group’s holdings, making the stock its 21st biggest position. Kennedy Investment Group’s holdings in VictoryShares Free Cash Flow ETF were worth $3,037,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its position in VictoryShares Free Cash Flow ETF by 7.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock worth $6,678,000 after purchasing an additional 12,593 shares during the period. Vantage Financial Partners LLC boosted its position in VictoryShares Free Cash Flow ETF by 5.3% during the third quarter. Vantage Financial Partners LLC now owns 784,456 shares of the company’s stock worth $29,417,000 after purchasing an additional 39,601 shares during the period. Prime Capital Investment Advisors LLC boosted its position in VictoryShares Free Cash Flow ETF by 141.2% during the third quarter. Prime Capital Investment Advisors LLC now owns 26,742 shares of the company’s stock worth $1,003,000 after purchasing an additional 15,655 shares during the period. Ledyard National Bank boosted its position in VictoryShares Free Cash Flow ETF by 138.5% during the fourth 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 during the period. Finally, Truist Financial Corp boosted its position in VictoryShares Free Cash Flow ETF by 5.1% during the fourth 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 during the period.

VictoryShares Free Cash Flow ETF Stock Down 0.4%

Shares of NASDAQ:VFLO opened at $42.57 on Wednesday. The firm has a market capitalization of $6.76 billion, a PE ratio of 13.70 and a beta of 0.80. VictoryShares Free Cash Flow ETF has a twelve month low of $33.34 and a twelve month high of $43.78. The company has a 50-day moving average price of $40.86 and a two-hundred day moving average price of $39.89.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were given a $0.0134 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Friday, May 8th.

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.