Bank of America Corp DE Raises Holdings in TCW Transform 500 ETF $VOTE

Bank of America Corp DE boosted its position in TCW Transform 500 ETF (BATS:VOTE) by 5.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 185,779 shares of the company’s stock after acquiring an additional 9,215 shares during the quarter. Bank of America Corp DE’s holdings in TCW Transform 500 ETF were worth $14,175,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. grew its holdings in 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 acquiring an additional 88,256 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of TCW Transform 500 ETF by 1.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 376,316 shares of the company’s stock valued at $24,607,000 after purchasing an additional 3,836 shares during the last quarter. Ethic Inc. raised its holdings in shares of TCW Transform 500 ETF by 0.6% in the 4th quarter. Ethic Inc. now owns 365,507 shares of the company’s stock valued at $29,322,000 after purchasing an additional 2,286 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of TCW Transform 500 ETF by 0.6% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 189,410 shares of the company’s stock valued at $15,195,000 after purchasing an additional 1,038 shares in the last quarter. Finally, Orion Porfolio Solutions LLC lifted its position in shares of TCW Transform 500 ETF by 8.0% during the 4th quarter. Orion Porfolio Solutions LLC now owns 162,935 shares of the company’s stock worth $13,071,000 after purchasing an additional 12,049 shares during the last quarter.

TCW Transform 500 ETF Trading Up 0.5%

TCW Transform 500 ETF stock opened at $90.35 on Friday. The company has a fifty day simple moving average of $88.67 and a 200-day simple moving average of $84.50. The stock has a market cap of $1.01 billion, a P/E ratio of 25.32 and a beta of 1.02. TCW Transform 500 ETF has a 12-month low of $73.89 and a 12-month high of $91.89.

TCW Transform 500 ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were paid a $0.2242 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.90 dividend on an annualized basis and a yield of 1.0%.

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.