TCW Transform 500 ETF (BATS:VOTE) Reaches New 1-Year High – Here’s Why

TCW Transform 500 ETF (BATS:VOTE) shares reached a new 52-week high on Monday . The company traded as high as $86.84 and last traded at $86.84, with a volume of 991 shares traded. The stock had previously closed at $86.02.

TCW Transform 500 ETF Stock Performance

The firm has a market cap of $974.68 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. The business has a fifty day moving average of $80.06 and a two-hundred day moving average of $80.19.

TCW Transform 500 ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a $0.1733 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 0.8%.

Institutional Investors Weigh In On TCW Transform 500 ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Osaic Holdings Inc. grew its holdings in shares of TCW Transform 500 ETF by 0.9% in the 4th quarter. Osaic Holdings Inc. now owns 15,622 shares of the company’s stock worth $1,253,000 after acquiring an additional 136 shares during the period. Mission Wealth Management LP lifted its stake in TCW Transform 500 ETF by 1.0% in the 3rd quarter. Mission Wealth Management LP now owns 16,846 shares of the company’s stock valued at $1,322,000 after buying an additional 163 shares in the last quarter. Ballentine Partners LLC lifted its stake in TCW Transform 500 ETF by 0.7% in the 3rd quarter. Ballentine Partners LLC now owns 29,820 shares of the company’s stock valued at $2,340,000 after buying an additional 197 shares in the last quarter. Seeds Investor LLC lifted its stake in TCW Transform 500 ETF by 1.5% in the 4th quarter. Seeds Investor LLC now owns 16,132 shares of the company’s stock valued at $1,294,000 after buying an additional 236 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its stake in TCW Transform 500 ETF by 23.1% in the 1st quarter. AdvisorNet Financial Inc now owns 1,421 shares of the company’s stock valued at $108,000 after buying an additional 267 shares in the last quarter.

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.