TCW Transform 500 ETF (NASDAQ:VOTE) Stock Price Breaks Above 200 Day Moving Average – Should You Sell?

TCW Transform 500 ETF (NASDAQ:VOTE)’s share price passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $88.99 and traded as high as $89.86. TCW Transform 500 ETF shares last traded at $89.50, with a volume of 124,396 shares.

TCW Transform 500 ETF Price Performance

The firm’s 50 day moving average price is $90.17 and its 200-day moving average price is $89.00. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 23.58 and a beta of 1.01.

TCW Transform 500 ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Tuesday, September 22nd were issued a $0.2273 dividend. This is a boost from TCW Transform 500 ETF’s previous quarterly dividend of $0.2242. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $0.91 dividend on an annualized basis and a yield of 1.0%.

Institutional Trading of TCW Transform 500 ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VOTE. Farther Finance Advisors LLC raised its position in shares of TCW Transform 500 ETF by 14.4% during the third quarter. Farther Finance Advisors LLC now owns 1,349 shares of the company’s stock valued at $121,000 after buying an additional 170 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of TCW Transform 500 ETF in the second quarter valued at about $128,000. AlTi Global Inc. bought a new stake in shares of TCW Transform 500 ETF in the third quarter valued at about $201,000. Ledyard National Bank bought a new stake in shares of TCW Transform 500 ETF in the third quarter valued at about $231,000. Finally, DWR Wealth Management LLC grew its position in TCW Transform 500 ETF by 9.8% during the third quarter. DWR Wealth Management LLC now owns 3,612 shares of the company’s stock worth $326,000 after buying an additional 323 shares in the last quarter.

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.