VictoryShares Free Cash Flow ETF $VFLO Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its holdings in shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 73.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,300 shares of the company’s stock after selling 51,500 shares during the period. Renaissance Technologies LLC’s holdings in VictoryShares Free Cash Flow ETF were worth $722,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Bank of America Corp DE boosted its stake 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 period. Morgan Stanley increased its stake in VictoryShares Free Cash Flow ETF by 22.1% in the fourth quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock valued at $469,851,000 after purchasing an additional 2,158,181 shares during the period. Parallel Advisors LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 1,319.3% in the first quarter. Parallel Advisors LLC now owns 1,538,447 shares of the company’s stock valued at $60,738,000 after buying an additional 1,430,052 shares during the last quarter. LPL Financial LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 11.3% in the fourth quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after buying an additional 1,249,407 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at about $35,234,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO opened at $53.71 on Friday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $35.81 and a fifty-two week high of $54.01. The firm has a 50-day simple moving average of $47.96 and a 200-day simple moving average of $43.59. The company has a market capitalization of $9.77 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were paid a dividend of $0.0334 per share. The ex-dividend date of this dividend was Friday, August 7th. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.03.

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.