TCW Transform 500 ETF (BATS:VOTE) Sets New 12-Month High – Should You Buy?

TCW Transform 500 ETF (BATS:VOTE)’s share price reached a new 52-week high on Tuesday . The company traded as high as $83.61 and last traded at $83.61, with a volume of 172 shares changing hands. The stock had previously closed at $83.33.

TCW Transform 500 ETF Stock Down 0.1%

The stock has a market capitalization of $933.62 million, a P/E ratio of 25.32 and a beta of 1.02. The business’s 50 day simple moving average is $79.21 and its two-hundred day simple moving average is $79.73.

TCW Transform 500 ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a $0.1733 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.69 annualized dividend and a dividend yield of 0.8%.

Institutional Trading of TCW Transform 500 ETF

A number of large investors have recently added to or reduced their stakes in the stock. AdvisorNet Financial Inc increased its holdings in TCW Transform 500 ETF by 13.0% during the third quarter. AdvisorNet Financial Inc now owns 1,102 shares of the company’s stock worth $87,000 after buying an additional 127 shares during the last quarter. Osaic Holdings Inc. increased its holdings in TCW Transform 500 ETF by 0.9% during the fourth quarter. Osaic Holdings Inc. now owns 15,622 shares of the company’s stock worth $1,253,000 after buying an additional 136 shares during the last quarter. Mission Wealth Management LP increased its holdings in TCW Transform 500 ETF by 1.0% during the third quarter. Mission Wealth Management LP now owns 16,846 shares of the company’s stock worth $1,322,000 after buying an additional 163 shares during the last quarter. Ballentine Partners LLC increased its holdings in TCW Transform 500 ETF by 0.7% during the third quarter. Ballentine Partners LLC now owns 29,820 shares of the company’s stock worth $2,340,000 after buying an additional 197 shares during the last quarter. Finally, Seeds Investor LLC increased its holdings in TCW Transform 500 ETF by 1.5% during the fourth quarter. Seeds Investor LLC now owns 16,132 shares of the company’s stock worth $1,294,000 after buying an additional 236 shares during the last quarter.

About TCW Transform 500 ETF

The Engine No. 1 Transform 500 ETF (VOTE) is an exchange-traded fund that is based on the Morningstar US Large Cap Select index. The ETF currently has 410.2m in AUM and 505 holdings. VOTE tracks a market-cap-weighted index consisting of large-cap US stocks VOTE was launched on Jun 22, 2021 and is managed by Engine No. 1.