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

TCW Transform 500 ETF (BATS:VOTEGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $88.59 and last traded at $88.51, with a volume of 4452 shares changing hands. The stock had previously closed at $88.25.

TCW Transform 500 ETF Trading Up 0.6%

The stock has a market capitalization of $996.11 million, a P/E ratio of 25.32 and a beta of 1.02. The business has a 50-day moving average price of $82.20 and a 200 day moving average price of $80.93.

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 issued a dividend of $0.1733 per share. This represents a $0.69 annualized dividend and a yield of 0.8%. The ex-dividend date was Tuesday, March 24th.

Institutional Trading of TCW Transform 500 ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Root Financial Partners LLC purchased a new stake in TCW Transform 500 ETF during the 3rd quarter valued at $31,000. SHP Wealth Management purchased a new stake in TCW Transform 500 ETF during the 4th quarter valued at $52,000. Legacy Wealth Managment LLC ID purchased a new stake in TCW Transform 500 ETF during the 4th quarter valued at $87,000. Rossby Financial LCC raised its holdings in TCW Transform 500 ETF by 122.9% during the 3rd quarter. Rossby Financial LCC now owns 1,108 shares of the company’s stock valued at $87,000 after buying an additional 611 shares during the period. Finally, AdvisorNet Financial Inc raised 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 buying an additional 267 shares during the period.

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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