Integrated Wealth Concepts LLC Acquires New Shares in TCW Transform Systems ETF $PWRD

Integrated Wealth Concepts LLC bought a new stake in TCW Transform Systems ETF (NASDAQ:PWRD) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 56,243 shares of the technology company’s stock, valued at approximately $6,916,000.

Several other institutional investors have also recently bought and sold shares of PWRD. Dynasty Wealth Management LLC lifted its holdings in shares of TCW Transform Systems ETF by 63.6% in the fourth quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock worth $509,927,000 after acquiring an additional 2,061,596 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of TCW Transform Systems ETF by 18.9% during the 4th quarter. JPMorgan Chase & Co. now owns 3,029,797 shares of the technology company’s stock valued at $291,332,000 after purchasing an additional 480,792 shares during the last quarter. OpenArc Corporate Advisory LLC bought a new stake in shares of TCW Transform Systems ETF during the 4th quarter valued at approximately $160,621,000. Quotient Wealth Partners LLC increased its position in TCW Transform Systems ETF by 41.0% during the 1st quarter. Quotient Wealth Partners LLC now owns 933,031 shares of the technology company’s stock worth $91,219,000 after purchasing an additional 271,444 shares in the last quarter. Finally, WCG Wealth Advisors LLC increased its position in TCW Transform Systems ETF by 192.9% during the 4th quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock worth $34,601,000 after purchasing an additional 236,974 shares in the last quarter. Institutional investors and hedge funds own 52.75% of the company’s stock.

TCW Transform Systems ETF Price Performance

Shares of NASDAQ:PWRD opened at $107.81 on Friday. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 52.85 and a beta of 1.18. The firm has a 50 day simple moving average of $110.04 and a 200 day simple moving average of $109.40. TCW Transform Systems ETF has a one year low of $90.58 and a one year high of $123.23.

TCW Transform Systems ETF Dividend Announcement

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

TCW Transform Systems ETF 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.