RPS Advisory Solutions LLC Invests $2.48 Million in VictoryShares Free Cash Flow ETF $VFLO

RPS Advisory Solutions LLC bought a new position in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 62,881 shares of the company’s stock, valued at approximately $2,476,000. VictoryShares Free Cash Flow ETF makes up approximately 1.2% of RPS Advisory Solutions LLC’s investment portfolio, making the stock its 19th biggest position.

Other hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its holdings in VictoryShares Free Cash Flow ETF by 7.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock worth $6,678,000 after purchasing an additional 12,593 shares in the last quarter. Vantage Financial Partners LLC increased its holdings in VictoryShares Free Cash Flow ETF by 5.3% in the third quarter. Vantage Financial Partners LLC now owns 784,456 shares of the company’s stock worth $29,417,000 after purchasing an additional 39,601 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in VictoryShares Free Cash Flow ETF by 141.2% in the third quarter. Prime Capital Investment Advisors LLC now owns 26,742 shares of the company’s stock worth $1,003,000 after purchasing an additional 15,655 shares in the last quarter. Ledyard National Bank increased its holdings in VictoryShares Free Cash Flow ETF by 138.5% in the fourth quarter. Ledyard National Bank now owns 402,353 shares of the company’s stock worth $15,845,000 after purchasing an additional 233,685 shares in the last quarter. Finally, Truist Financial Corp increased its holdings in VictoryShares Free Cash Flow ETF by 5.1% in the fourth quarter. Truist Financial Corp now owns 296,075 shares of the company’s stock worth $11,659,000 after purchasing an additional 14,257 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VFLO stock opened at $42.57 on Wednesday. The company has a market cap of $6.76 billion, a P/E ratio of 13.70 and a beta of 0.80. The stock has a 50 day simple moving average of $40.86 and a two-hundred day simple moving average of $39.89. VictoryShares Free Cash Flow ETF has a fifty-two week low of $33.34 and a fifty-two week high of $43.78.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were issued a $0.0134 dividend. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, May 8th.

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.