TCW Transform 500 ETF (NASDAQ:VOTE) Sees Large Volume Increase – Here’s Why

TCW Transform 500 ETF (NASDAQ:VOTE – Get Free Report) shares saw unusually-high trading volume on Wednesday. 83,317 shares traded hands during mid-day trading, an increase of 205% from the average daily volume of 27,351 shares. The stock last traded at $89.6990 and had previously closed at $88.36.

TCW Transform 500 ETF Price Performance

The stock has a market capitalization of $1.12 billion, a P/E ratio of 23.58 and a beta of 1.01. The firm has a 50-day simple moving average of $90.20 and a 200 day simple moving average of $88.98.

TCW Transform 500 ETF Increases Dividend

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

Institutional Investors Weigh In On TCW Transform 500 ETF

Several hedge funds have recently added to or reduced their stakes in the business. Aspiriant LLC acquired a new position in TCW Transform 500 ETF in the 3rd quarter valued at approximately $17,380,000. PNC Financial Services Group Inc. lifted its holdings in shares of TCW Transform 500 ETF by 8.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,180,277 shares of the company’s stock worth $90,055,000 after purchasing an additional 88,256 shares during the period. Jordan Park Group LLC grew its stake in shares of TCW Transform 500 ETF by 382.0% in the third quarter. Jordan Park Group LLC now owns 79,644 shares of the company’s stock worth $7,173,000 after purchasing an additional 63,122 shares during the last quarter. Gateway Wealth Partners LLC grew its stake 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 worth $7,643,000 after purchasing an additional 51,206 shares during the last quarter. Finally, St. Louis Trust Co acquired a new stake in TCW Transform 500 ETF in the third quarter valued at $1,903,000.

About TCW Transform 500 ETF

(Get Free Report)

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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