Centerline Wealth Advisors LLC Sells 36,023 Shares of TCW Transform Systems ETF $PWRD

Centerline Wealth Advisors LLC lowered its holdings in TCW Transform Systems ETF (NASDAQ:PWRD) by 24.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 114,143 shares of the technology company’s stock after selling 36,023 shares during the period. TCW Transform Systems ETF comprises 4.4% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. Centerline Wealth Advisors LLC’s holdings in TCW Transform Systems ETF were worth $14,035,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in PWRD. Triumph Capital Management acquired a new position in shares of TCW Transform Systems ETF in the 3rd quarter worth approximately $77,000. Fifth Third Bancorp bought a new position in shares of TCW Transform Systems ETF during the first quarter worth about $79,000. Osaic Holdings Inc. bought a new position in TCW Transform Systems ETF in the 2nd quarter worth about $112,000. WealthTrust Asset Management LLC grew its holdings in TCW Transform Systems ETF by 5.4% in the 1st quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock worth $231,000 after buying an additional 122 shares in the last quarter. Finally, One Capital Management LLC bought a new position in shares of TCW Transform Systems ETF in the third quarter worth $271,000. 52.75% of the stock is currently owned by institutional investors.

TCW Transform Systems ETF Price Performance

NASDAQ PWRD opened at $109.22 on Wednesday. TCW Transform Systems ETF has a 12 month low of $90.58 and a 12 month high of $123.23. The firm has a market capitalization of $1.46 billion, a PE ratio of 53.54 and a beta of 1.18. The company’s 50 day simple moving average is $110.59 and its 200 day simple moving average is $109.42.

TCW Transform Systems ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.0607 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 0.2%. TCW Transform Systems ETF’s dividend payout ratio is currently 2.94%.

TCW Transform Systems ETF Company Profile

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.