TCW Transform 500 ETF (NASDAQ:VOTE) Short Interest Down 34.8% in August

TCW Transform 500 ETF (NASDAQ:VOTE) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 11,276 shares, a decrease of 34.8% from the August 15th total of 17,286 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,473 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On TCW Transform 500 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. SHP Wealth Management acquired a new stake in TCW Transform 500 ETF during the 4th quarter worth approximately $52,000. AdvisorNet Financial Inc boosted its position in shares of TCW Transform 500 ETF by 23.1% in the first quarter. AdvisorNet Financial Inc now owns 1,421 shares of the company’s stock valued at $108,000 after acquiring an additional 267 shares during the period. Integrated Wealth Concepts LLC acquired a new position in shares of TCW Transform 500 ETF in the second quarter valued at about $128,000. Stark Wealth Management LLC bought a new position in TCW Transform 500 ETF in the 4th quarter valued at about $279,000. Finally, Royal Bank of Canada lifted its holdings in shares of TCW Transform 500 ETF by 433.1% during the 1st quarter. Royal Bank of Canada now owns 3,732 shares of the company’s stock worth $284,000 after acquiring an additional 3,032 shares during the period.

TCW Transform 500 ETF Stock Performance

VOTE stock traded down $0.16 during midday trading on Friday, hitting $89.74. 2,040 shares of the company’s stock were exchanged, compared to its average volume of 27,124. TCW Transform 500 ETF has a one year low of $73.89 and a one year high of $91.89. The stock’s fifty day moving average price is $90.55 and its 200-day moving average price is $88.81. The company has a market cap of $1.12 billion, a PE ratio of 25.32 and a beta of 1.01.

TCW Transform 500 ETF Announces Dividend

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

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.