LPL Financial LLC Sells 3,067 Shares of TCW Compounders ETF (NYSEARCA:GRW)

LPL Financial LLC trimmed its stake in TCW Compounders ETF (NYSEARCA:GRW) by 12.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 21,151 shares of the company’s stock after selling 3,067 shares during the period. LPL Financial LLC’s holdings in TCW Compounders ETF were worth $695,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cooper Financial Group grew its position in shares of TCW Compounders ETF by 6.4% in the fourth quarter. Cooper Financial Group now owns 13,871 shares of the company’s stock valued at $456,000 after purchasing an additional 833 shares during the last quarter. Capital & Planning LLC grew its holdings in TCW Compounders ETF by 5.3% in the 4th quarter. Capital & Planning LLC now owns 223,211 shares of the company’s stock valued at $7,335,000 after buying an additional 11,252 shares during the last quarter. Finally, TCW Group Inc. increased its position in TCW Compounders ETF by 1.2% in the 4th quarter. TCW Group Inc. now owns 699,878 shares of the company’s stock worth $22,998,000 after buying an additional 8,338 shares during the period.

TCW Compounders ETF Trading Up 2.2 %

GRW opened at $32.40 on Wednesday. The business has a 50 day moving average of $33.00 and a 200-day moving average of $35.03. The stock has a market capitalization of $128.30 million and a price-to-earnings ratio of 38.52. TCW Compounders ETF has a 1-year low of $29.35 and a 1-year high of $39.22.

TCW Compounders ETF Profile

The TCW Compounders ETF (GRW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of global equity securities of companies benefiting from economic transformation. It emphasizes large-cap companies and seeks long-term growth of capital. GRW was launched on May 6, 2024 and is issued by TCW.