TCW Transform 500 ETF (NASDAQ:VOTE – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $88.95 and traded as low as $88.50. TCW Transform 500 ETF shares last traded at $88.50, with a volume of 20,771 shares traded.
TCW Transform 500 ETF Stock Down 0.6%
The company’s 50 day moving average price is $90.48 and its two-hundred day moving average price is $88.95. The stock has a market cap of $1.10 billion, a P/E ratio of 25.32 and a beta of 1.01.
TCW Transform 500 ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Tuesday, September 22nd were issued a dividend of $0.2273 per share. This represents a $0.91 annualized dividend and a yield of 1.0%. The ex-dividend date was Tuesday, September 22nd. This is an increase from TCW Transform 500 ETF’s previous quarterly dividend of $0.2242.
Institutional Investors Weigh In On TCW Transform 500 ETF
Institutional investors and hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its position in shares of TCW Transform 500 ETF by 8.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,180,277 shares of the company’s stock worth $90,055,000 after buying an additional 88,256 shares in the last quarter. Aspiriant LLC purchased a new position in shares of TCW Transform 500 ETF during the third quarter valued at $17,380,000. Bank of America Corp DE increased its stake in shares of TCW Transform 500 ETF by 5.2% during the first quarter. Bank of America Corp DE now owns 185,779 shares of the company’s stock valued at $14,175,000 after buying an additional 9,215 shares during the period. Gateway Wealth Partners LLC raised its holdings in shares of TCW Transform 500 ETF by 104.6% in the first quarter. Gateway Wealth Partners LLC now owns 100,168 shares of the company’s stock valued at $7,643,000 after acquiring an additional 51,206 shares in the last quarter. Finally, Values Added Financial LLC raised its holdings in shares of TCW Transform 500 ETF by 5.7% in the third quarter. Values Added Financial LLC now owns 90,625 shares of the company’s stock valued at $8,161,000 after acquiring an additional 4,877 shares in the last quarter.
About TCW Transform 500 ETF
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.
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