TCW Transform 500 ETF (BATS:VOTE) Trading Up 1.2% – What’s Next?

TCW Transform 500 ETF (BATS:VOTE) shares were up 1.2% during trading on Thursday . The stock traded as high as $88.38 and last traded at $88.38. 15,231 shares changed hands during trading, a decline of 50% from the average session volume of 30,567 shares. The stock had previously closed at $87.32.

TCW Transform 500 ETF Trading Up 1.2%

The company has a market capitalization of $991.62 million, a PE ratio of 25.32 and a beta of 1.02. The firm has a 50 day simple moving average of $85.80 and a two-hundred day simple moving average of $81.95.

TCW Transform 500 ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a dividend of $0.1733 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.69 dividend on an annualized basis and a yield of 0.8%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VOTE. SHP Wealth Management acquired a new stake in shares of TCW Transform 500 ETF during the 4th quarter valued at approximately $52,000. Rossby Financial LCC boosted its position in TCW Transform 500 ETF by 122.9% during the third quarter. Rossby Financial LCC now owns 1,108 shares of the company’s stock worth $87,000 after purchasing an additional 611 shares in the last quarter. Legacy Wealth Managment LLC ID purchased a new stake in TCW Transform 500 ETF during the fourth quarter worth $87,000. AdvisorNet Financial Inc grew its holdings in TCW Transform 500 ETF by 23.1% in the first quarter. AdvisorNet Financial Inc now owns 1,421 shares of the company’s stock valued at $108,000 after purchasing an additional 267 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in TCW Transform 500 ETF in the second quarter valued at $176,000.

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.