Krilogy Financial LLC Raises Stake in VictoryShares Free Cash Flow ETF $VFLO

Krilogy Financial LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 3.7% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,689,273 shares of the company’s stock after buying an additional 60,489 shares during the quarter. VictoryShares Free Cash Flow ETF comprises about 2.3% of Krilogy Financial LLC’s portfolio, making the stock its 6th largest holding. Krilogy Financial LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $69,598,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of VFLO. Kingdom Financial Group LLC. acquired a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at about $25,000. Geneos Wealth Management Inc. lifted its position in VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after acquiring an additional 750 shares during the last quarter. Assetmark Inc. lifted its position in VictoryShares Free Cash Flow ETF by 285.3% during the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after acquiring an additional 890 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth approximately $52,000. Finally, Silver Grove Financial Group Inc. bought a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth approximately $60,000.

VictoryShares Free Cash Flow ETF Trading Up 0.0%

VictoryShares Free Cash Flow ETF stock opened at $45.33 on Wednesday. VictoryShares Free Cash Flow ETF has a 12 month low of $34.11 and a 12 month high of $48.24. The stock’s 50 day moving average is $43.87 and its 200-day moving average is $41.23. The company has a market capitalization of $7.20 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a $0.0469 dividend. This is a boost 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.