Litman Gregory Wealth Management LLC Lowers Position in TCW Transform 500 ETF $VOTE

Litman Gregory Wealth Management LLC trimmed its holdings in shares of TCW Transform 500 ETF (BATS:VOTE) by 3.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 189,634 shares of the company’s stock after selling 7,428 shares during the quarter. TCW Transform 500 ETF comprises about 1.1% of Litman Gregory Wealth Management LLC’s holdings, making the stock its 25th largest position. Litman Gregory Wealth Management LLC’s holdings in TCW Transform 500 ETF were worth $13,794,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VOTE. Farther Finance Advisors LLC purchased a new position in shares of TCW Transform 500 ETF during the second quarter worth about $87,000. A&I Financial Services LLC lifted its position in TCW Transform 500 ETF by 6.4% during the first quarter. A&I Financial Services LLC now owns 41,298 shares of the company’s stock valued at $2,701,000 after purchasing an additional 2,480 shares during the last quarter. MJP Associates Inc. ADV purchased a new position in TCW Transform 500 ETF in the 1st quarter worth approximately $491,000. Centric Wealth Management purchased a new position in TCW Transform 500 ETF in the 1st quarter worth approximately $317,000. Finally, Aspiriant LLC increased its holdings in shares of TCW Transform 500 ETF by 11.2% in the 1st quarter. Aspiriant LLC now owns 93,543 shares of the company’s stock worth $6,117,000 after buying an additional 9,408 shares during the last quarter.

TCW Transform 500 ETF Stock Performance

TCW Transform 500 ETF stock opened at $78.78 on Monday. The stock has a market cap of $883.89 million, a PE ratio of 25.32 and a beta of 1.02. The firm’s fifty day moving average is $76.26 and its two-hundred day moving average is $70.99.

TCW Transform 500 ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Monday, September 22nd were issued a $0.2228 dividend. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, September 22nd.

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.