TCW Transform 500 ETF (BATS:VOTE) Reaches New 1-Year High – Here’s Why

Shares of TCW Transform 500 ETF (BATS:VOTE – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $86.84 and last traded at $86.84, with a volume of 991 shares trading hands. The stock had previously closed at $86.02.

TCW Transform 500 ETF Trading Up 0.2%

The business has a 50 day moving average of $80.06 and a 200-day moving average of $80.19. The stock has a market cap of $974.68 million, a PE ratio of 25.32 and a beta of 1.02.

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TCW Transform 500 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a $0.1733 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.69 dividend on an annualized basis and a yield of 0.8%.

Institutional Investors Weigh In On TCW Transform 500 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Thrivent Financial for Lutherans purchased a new position in shares of TCW Transform 500 ETF during the 3rd quarter worth $62,019,000. PNC Financial Services Group Inc. lifted its stake 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 purchasing an additional 88,256 shares during the period. Orion Porfolio Solutions LLC lifted its stake in shares of TCW Transform 500 ETF by 81.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 136,885 shares of the company’s stock worth $9,957,000 after purchasing an additional 61,480 shares during the period. Aspiriant LLC lifted its stake in shares of TCW Transform 500 ETF by 23.9% during the 4th quarter. Aspiriant LLC now owns 130,776 shares of the company’s stock worth $10,491,000 after purchasing an additional 25,217 shares during the period. Finally, Moneta Group Investment Advisors LLC lifted its stake in shares of TCW Transform 500 ETF by 146.2% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 33,751 shares of the company’s stock worth $2,649,000 after purchasing an additional 20,041 shares during the period.

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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