Contango Wealth Management LLC Sells 32,663 Shares of TCW Transform 500 ETF $VOTE

Contango Wealth Management LLC trimmed its position in TCW Transform 500 ETF (BATS:VOTE) by 39.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 50,174 shares of the company’s stock after selling 32,663 shares during the quarter. TCW Transform 500 ETF makes up 4.5% of Contango Wealth Management LLC’s holdings, making the stock its 7th largest position. Contango Wealth Management LLC owned about 0.45% of TCW Transform 500 ETF worth $3,828,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. SHP Wealth Management acquired a new position in TCW Transform 500 ETF during the fourth quarter worth approximately $52,000. Legacy Wealth Managment LLC ID acquired a new stake in shares of TCW Transform 500 ETF in the fourth quarter valued at approximately $87,000. AdvisorNet Financial Inc lifted its position in shares of 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 buying an additional 267 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of TCW Transform 500 ETF during the 2nd quarter worth approximately $176,000. Finally, Krilogy Financial LLC bought a new position in shares of TCW Transform 500 ETF during the 4th quarter worth approximately $271,000.

TCW Transform 500 ETF Stock Performance

VOTE stock opened at $87.85 on Monday. The firm has a market capitalization of $985.68 million, a PE ratio of 25.32 and a beta of 1.02. TCW Transform 500 ETF has a 1-year low of $72.99 and a 1-year high of $89.56. The business’s 50 day simple moving average is $87.82 and its 200 day simple moving average is $83.52.

TCW Transform 500 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were given a dividend of $0.2242 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, June 23rd.

TCW Transform 500 ETF Company Profile

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.