Not necessarily...If you can, I would swap those 340s for 400s. 340s are likely really stiff for your setup.
I've had great performance with 125gr G5 Strikers and Blazers on the back end of axis arrows.
His length/weight puts him right on the edge of 340/400 according to easton’s chart. Better to be a little over-spined (stiffer) vs under-spined, especially when shooting fixed blades. It’s a lot harder to get a softer spined arrow to tune with fixed heads, I think that’s a big reason why people have traditionally had issues getting their broadheads and field points to group together (assuming bow is tuned).
That said, I usually use the arrow charts as a starting point. If you can, get a 400 and a 340 and shoot both through paper bareshaft and go from there. If that’s not feasible, I’d lean towards the stiffer shaft... especially if you ever decide to add weight via inserts in the future.
Just my 2 cents.