Angeles Investment Advisors LLC Has $57.26 Million Position in TCW Transform 500 ETF $VOTE

Angeles Investment Advisors LLC lowered its position in TCW Transform 500 ETF (BATS:VOTE) by 30.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 729,569 shares of the company’s stock after selling 324,975 shares during the quarter. TCW Transform 500 ETF comprises 3.8% of Angeles Investment Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Angeles Investment Advisors LLC owned approximately 6.50% of TCW Transform 500 ETF worth $57,257,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VOTE. Gateway Wealth Partners LLC bought a new position in TCW Transform 500 ETF in the 2nd quarter worth approximately $2,470,000. PNC Financial Services Group Inc. raised its holdings in TCW Transform 500 ETF by 20.5% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,016,587 shares of the company’s stock valued at $73,947,000 after acquiring an additional 172,686 shares during the period. Fairman Group LLC lifted its position in shares of TCW Transform 500 ETF by 123.0% during the second quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock worth $168,000 after acquiring an additional 1,273 shares in the last quarter. Ethic Inc. boosted its holdings in shares of TCW Transform 500 ETF by 30.4% in the third quarter. Ethic Inc. now owns 363,221 shares of the company’s stock worth $28,506,000 after acquiring an additional 84,707 shares during the period. Finally, Thrivent Financial for Lutherans purchased a new position in shares of TCW Transform 500 ETF in the third quarter valued at $62,019,000.

TCW Transform 500 ETF Stock Performance

BATS:VOTE opened at $81.25 on Thursday. The business’s fifty day moving average is $80.83 and its 200 day moving average is $78.73. The firm has a market cap of $911.63 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. TCW Transform 500 ETF has a 52-week low of $56.47 and a 52-week high of $81.96.

TCW Transform 500 ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were given a dividend of $0.209 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.84 annualized dividend and a dividend 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.