VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) is StoneX Group Inc.’s 7th Largest Position

StoneX Group Inc. boosted its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 107.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 998,798 shares of the company’s stock after purchasing an additional 517,474 shares during the quarter. VictoryShares Free Cash Flow ETF comprises 2.2% of StoneX Group Inc.’s portfolio, making the stock its 7th biggest holding. StoneX Group Inc. owned 1.61% of VictoryShares Free Cash Flow ETF worth $34,049,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Maridea Wealth Management LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $2,244,000. Ausdal Financial Partners Inc. grew its holdings in VictoryShares Free Cash Flow ETF by 34.6% during the 4th quarter. Ausdal Financial Partners Inc. now owns 120,243 shares of the company’s stock valued at $4,099,000 after buying an additional 30,930 shares in the last quarter. LPL Financial LLC grew its holdings in VictoryShares Free Cash Flow ETF by 185.2% during the 4th quarter. LPL Financial LLC now owns 4,114,921 shares of the company’s stock valued at $140,278,000 after buying an additional 2,672,029 shares in the last quarter. TAP Consulting LLC increased its stake in VictoryShares Free Cash Flow ETF by 6.4% in the 4th quarter. TAP Consulting LLC now owns 103,362 shares of the company’s stock worth $3,524,000 after acquiring an additional 6,232 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 49.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 12,530 shares of the company’s stock worth $427,000 after acquiring an additional 4,168 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO stock opened at $34.28 on Tuesday. The firm has a fifty day moving average price of $35.17 and a 200 day moving average price of $34.73. VictoryShares Free Cash Flow ETF has a fifty-two week low of $30.19 and a fifty-two week high of $37.04. The firm has a market cap of $2.13 billion, a PE ratio of 14.26 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were given a dividend of $0.0638 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05.

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.