Maridea Wealth Management LLC Purchases Shares of 65,811 VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Maridea Wealth Management LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the 4th quarter, Holdings Channel reports. The fund acquired 65,811 shares of the company’s stock, valued at approximately $2,244,000. VictoryShares Free Cash Flow ETF accounts for approximately 0.7% of Maridea Wealth Management LLC’s portfolio, making the stock its 27th largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of VFLO. Private Trust Co. NA bought a new stake in VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $67,000. FMR LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth $31,000. CreativeOne Wealth LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth $508,000. Tradition Wealth Management LLC grew its position in VictoryShares Free Cash Flow ETF by 34.6% in the third quarter. Tradition Wealth Management LLC now owns 52,163 shares of the company’s stock worth $1,737,000 after acquiring an additional 13,419 shares in the last quarter. Finally, Hilltop Holdings Inc. increased its stake in VictoryShares Free Cash Flow ETF by 37.4% in the third quarter. Hilltop Holdings Inc. now owns 33,693 shares of the company’s stock valued at $1,122,000 after acquiring an additional 9,177 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Down 1.4 %

Shares of VFLO stock opened at $34.10 on Friday. The business has a 50-day moving average price of $35.20 and a two-hundred day moving average price of $34.67. VictoryShares Free Cash Flow ETF has a 12-month low of $30.19 and a 12-month high of $37.04. The firm has a market cap of $2.12 billion, a P/E ratio of 14.26 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were given a $0.0638 dividend. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 10th.

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.