Legacy Capital Group California Inc. Boosts Stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Legacy Capital Group California Inc. raised its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 48.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 90,779 shares of the company’s stock after acquiring an additional 29,677 shares during the quarter. VictoryShares Free Cash Flow ETF makes up about 0.9% of Legacy Capital Group California Inc.’s portfolio, making the stock its 13th biggest position. Legacy Capital Group California Inc. owned approximately 0.15% of VictoryShares Free Cash Flow ETF worth $3,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James & Associates boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 103.7% in the 3rd quarter. Raymond James & Associates now owns 140,897 shares of the company’s stock valued at $4,692,000 after buying an additional 71,742 shares in the last quarter. Private Advisor Group LLC lifted its position in VictoryShares Free Cash Flow ETF by 187.1% during the third quarter. Private Advisor Group LLC now owns 56,889 shares of the company’s stock valued at $1,894,000 after acquiring an additional 37,075 shares during the last quarter. SimpliFi Inc. purchased a new position in VictoryShares Free Cash Flow ETF in the third quarter worth $2,309,000. PFG Investments LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter worth $349,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 23.1% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 79,907 shares of the company’s stock worth $2,661,000 after purchasing an additional 14,986 shares in the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

VictoryShares Free Cash Flow ETF stock opened at $36.26 on Friday. VictoryShares Free Cash Flow ETF has a 1-year low of $28.87 and a 1-year high of $37.04. The business has a fifty day moving average price of $35.09 and a 200-day moving average price of $34.21. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 14.45 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were issued a $0.0486 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

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.