Aptus Capital Advisors LLC Purchases 21,073 Shares of VictoryShares Free Cash Flow ETF $VFLO

Aptus Capital Advisors LLC boosted its position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 19.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 126,733 shares of the company’s stock after buying an additional 21,073 shares during the quarter. Aptus Capital Advisors LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $4,991,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VFLO. Bank of America Corp DE raised its holdings in VictoryShares Free Cash Flow ETF by 29.5% during the 2nd 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 last quarter. Morgan Stanley raised its holdings in VictoryShares Free Cash Flow ETF by 22.1% during the 4th quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock worth $469,851,000 after purchasing an additional 2,158,181 shares during the last quarter. LPL Financial LLC raised its holdings in VictoryShares Free Cash Flow ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock worth $483,588,000 after purchasing an additional 1,249,407 shares during the last quarter. HighTower Advisors LLC grew its position in shares of VictoryShares Free Cash Flow ETF by 71.7% during the 3rd quarter. HighTower Advisors LLC now owns 2,857,239 shares of the company’s stock worth $107,147,000 after buying an additional 1,193,452 shares during the period. Finally, Ameriprise Financial Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth about $35,234,000.

VictoryShares Free Cash Flow ETF Trading Up 0.9%

VictoryShares Free Cash Flow ETF stock opened at $46.70 on Tuesday. The firm has a market capitalization of $7.41 billion, a P/E ratio of 13.70 and a beta of 0.84. VictoryShares Free Cash Flow ETF has a 1 year low of $34.11 and a 1 year high of $48.24. The business has a 50-day moving average of $43.22 and a 200-day moving average of $40.95.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.0469 per share. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, June 9th. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01.

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.