VictoryShares Free Cash Flow ETF $VFLO Shares Purchased by Mechanics Bank Trust Department

Mechanics Bank Trust Department boosted its stake in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 13.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,002 shares of the company’s stock after buying an additional 10,543 shares during the quarter. Mechanics Bank Trust Department owned approximately 0.05% of VictoryShares Free Cash Flow ETF worth $3,980,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth approximately $737,000. Goldman Sachs Group Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the first quarter valued at approximately $4,233,000. Jane Street Group LLC lifted its position in shares of VictoryShares Free Cash Flow ETF by 409.5% in the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after acquiring an additional 219,816 shares in the last quarter. Geneos Wealth Management Inc. lifted its position 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 acquiring an additional 750 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of VictoryShares Free Cash Flow ETF by 5,081.9% in the second quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock worth $3,957,000 after acquiring an additional 109,770 shares during the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ:VFLO opened at $50.42 on Thursday. VictoryShares Free Cash Flow ETF has a 1 year low of $34.28 and a 1 year high of $51.12. The firm has a market capitalization of $9.17 billion, a PE ratio of 13.70 and a beta of 0.82. The business’s 50 day moving average price is $47.18 and its 200-day moving average price is $42.99.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were issued a $0.0249 dividend. The ex-dividend date was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 0.6%.

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.