Bank of New York Mellon Corp Purchases 3,961 Shares of VictoryShares Free Cash Flow ETF (NASDAQ:VFLO)

Bank of New York Mellon Corp increased its position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) by 46.9% in the 4th quarter, Holdings Channel reports. The firm owned 12,402 shares of the company’s stock after buying an additional 3,961 shares during the quarter. Bank of New York Mellon Corp’s holdings in VictoryShares Free Cash Flow ETF were worth $423,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $34.10 on Friday. The stock’s fifty day moving average is $35.20 and its 200-day moving average is $34.67. VictoryShares Free Cash Flow ETF has a 52 week low of $30.19 and a 52 week high of $37.04. The stock has a market capitalization of $2.12 billion, a PE ratio of 14.26 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

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