TCW Transform 500 ETF (BATS:VOTE) Shares Down 0.1% – Here’s What Happened

TCW Transform 500 ETF (BATS:VOTEGet Free Report)’s share price was down 0.1% during mid-day trading on Wednesday . The company traded as low as $87.93 and last traded at $88.14. Approximately 8,288 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 28,580 shares. The stock had previously closed at $88.20.

TCW Transform 500 ETF Trading Down 0.1%

The stock has a market capitalization of $988.93 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. The firm’s fifty day moving average price is $87.83 and its 200 day moving average price is $83.22.

TCW Transform 500 ETF Dividend Announcement

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. SHP Wealth Management acquired a new stake in shares of TCW Transform 500 ETF in the fourth quarter valued at $52,000. Legacy Wealth Managment LLC ID acquired a new position in TCW Transform 500 ETF during the 4th quarter worth about $87,000. AdvisorNet Financial Inc boosted its holdings in TCW Transform 500 ETF by 23.1% during the 1st 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. Raymond James Financial Inc. purchased a new position in TCW Transform 500 ETF during the 2nd quarter valued at about $176,000. Finally, Krilogy Financial LLC acquired a new position in TCW Transform 500 ETF in the 4th quarter valued at about $271,000.

About TCW Transform 500 ETF

(Get Free Report)

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.

Further Reading

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