TCW Transform 500 ETF (BATS:VOTE) Stock Price Up 1.2% – What’s Next?

TCW Transform 500 ETF (BATS:VOTE) rose 1.2% during trading on Thursday . The stock traded as high as $88.38 and last traded at $88.38. Approximately 15,231 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 30,567 shares. The stock had previously closed at $87.32.

TCW Transform 500 ETF Price Performance

The company’s 50-day simple moving average is $85.98 and its 200-day simple moving average is $82.00. The stock has a market capitalization of $991.62 million, a P/E ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Cuts Dividend

The business also recently declared 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 was Tuesday, March 24th. This represents a $0.69 dividend on an annualized basis and a yield of 0.8%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. SHP Wealth Management acquired a new position in TCW Transform 500 ETF in the 4th quarter valued at $52,000. Rossby Financial LCC increased its position in shares of TCW Transform 500 ETF by 122.9% in the third quarter. Rossby Financial LCC now owns 1,108 shares of the company’s stock worth $87,000 after purchasing an additional 611 shares during the period. Legacy Wealth Managment LLC ID acquired a new position in TCW Transform 500 ETF in the fourth quarter valued at about $87,000. AdvisorNet Financial Inc grew its stake in TCW Transform 500 ETF by 23.1% during the first quarter. AdvisorNet Financial Inc now owns 1,421 shares of the company’s stock worth $108,000 after buying an additional 267 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in TCW Transform 500 ETF in the 2nd quarter valued at about $176,000.

TCW Transform 500 ETF Company Profile

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.