TCW Transform 500 ETF (NASDAQ:VOTE) Short Interest Update

TCW Transform 500 ETF (NASDAQ:VOTE) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 11,276 shares, a decrease of 34.8% from the August 15th total of 17,286 shares. Based on an average daily volume of 18,473 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On TCW Transform 500 ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VOTE. AdvisorNet Financial Inc boosted its position in TCW Transform 500 ETF by 23.1% during the first quarter. AdvisorNet Financial Inc now owns 1,421 shares of the company’s stock worth $108,000 after purchasing an additional 267 shares during the period. SHP Wealth Management purchased a new position in shares of TCW Transform 500 ETF in the fourth quarter worth about $52,000. Etesian Wealth Advisors Inc. raised its position in shares of TCW Transform 500 ETF by 6.6% in the fourth quarter. Etesian Wealth Advisors Inc. now owns 12,038 shares of the company’s stock valued at $966,000 after purchasing an additional 750 shares during the period. Dorsey & Whitney Trust CO LLC lifted its stake in shares of TCW Transform 500 ETF by 0.6% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 189,410 shares of the company’s stock valued at $15,195,000 after buying an additional 1,038 shares in the last quarter. Finally, Sonoma Allocations LLC lifted its stake in shares of TCW Transform 500 ETF by 16.1% during the 1st quarter. Sonoma Allocations LLC now owns 9,239 shares of the company’s stock valued at $714,000 after buying an additional 1,278 shares in the last quarter.

TCW Transform 500 ETF Price Performance

Shares of VOTE opened at $88.89 on Thursday. The firm has a market cap of $1.11 billion, a PE ratio of 25.32 and a beta of 1.01. The stock’s fifty day moving average price is $90.57 and its two-hundred day moving average price is $88.81. TCW Transform 500 ETF has a 1 year low of $73.89 and a 1 year high of $91.89.

TCW Transform 500 ETF Announces Dividend

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 $0.2242 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.90 annualized dividend and a yield of 1.0%.

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.