PNC Financial Services Group Inc. Grows Holdings in TCW Transform 500 ETF $VOTE

PNC Financial Services Group Inc. boosted its position in TCW Transform 500 ETF (BATS:VOTE) by 20.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,016,587 shares of the company’s stock after acquiring an additional 172,686 shares during the period. PNC Financial Services Group Inc. owned about 9.06% of TCW Transform 500 ETF worth $73,947,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of VOTE. AdvisorNet Financial Inc lifted its holdings in shares of TCW Transform 500 ETF by 16.8% during the 2nd quarter. AdvisorNet Financial Inc now owns 975 shares of the company’s stock worth $71,000 after acquiring an additional 140 shares during the period. Farther Finance Advisors LLC acquired a new position in TCW Transform 500 ETF during the second quarter worth approximately $87,000. Fairman Group LLC raised its stake in 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 purchasing an additional 1,273 shares during the period. Schneider Downs Wealth Management Advisors LP purchased a new stake in shares of TCW Transform 500 ETF during the 2nd quarter valued at $216,000. Finally, Centric Wealth Management purchased a new stake in shares of TCW Transform 500 ETF during the 1st quarter valued at $317,000.

TCW Transform 500 ETF Stock Up 0.0%

Shares of TCW Transform 500 ETF stock opened at $80.36 on Thursday. The firm has a fifty day moving average price of $78.53 and a two-hundred day moving average price of $74.14. The firm has a market capitalization of $901.61 million, a PE ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Monday, September 22nd were given a dividend of $0.2228 per share. This represents a $0.89 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, September 22nd.

TCW Transform 500 ETF 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.