VictoryShares Free Cash Flow ETF $VFLO Shares Acquired by Merit Financial Group LLC

Merit Financial Group LLC increased its stake in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 3.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,419,780 shares of the company’s stock after buying an additional 85,958 shares during the quarter. VictoryShares Free Cash Flow ETF comprises about 0.8% of Merit Financial Group LLC’s holdings, making the stock its 26th largest position. Merit Financial Group LLC owned approximately 1.85% of VictoryShares Free Cash Flow ETF worth $90,742,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Sigma Planning Corp lifted its position in VictoryShares Free Cash Flow ETF by 1.0% during the 2nd quarter. Sigma Planning Corp now owns 38,137 shares of the company’s stock worth $1,348,000 after acquiring an additional 375 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after purchasing an additional 750 shares during the period. Sowa Financial Group Inc. raised its stake in shares of VictoryShares Free Cash Flow ETF by 7.7% during the third quarter. Sowa Financial Group Inc. now owns 12,236 shares of the company’s stock worth $459,000 after purchasing an additional 874 shares during the last quarter. M.E. Allison & CO. Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 3.4% during the third quarter. M.E. Allison & CO. Inc. now owns 27,752 shares of the company’s stock worth $1,041,000 after purchasing an additional 917 shares during the period. Finally, Ancora Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the first quarter worth $33,000.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ:VFLO opened at $39.69 on Wednesday. The firm has a market cap of $5.25 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. The firm’s fifty day moving average price is $38.61 and its 200 day moving average price is $37.15. VictoryShares Free Cash Flow ETF has a 1-year low of $29.48 and a 1-year high of $40.20.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were paid a dividend of $0.1502 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. The ex-dividend date was Thursday, December 11th.

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.