TCW Transform 500 ETF (BATS:VOTE) Hits New 12-Month High – Time to Buy?

Shares of TCW Transform 500 ETF (BATS:VOTEGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $91.54 and last traded at $91.51, with a volume of 549 shares. The stock had previously closed at $91.12.

TCW Transform 500 ETF Stock Performance

The stock’s 50 day simple moving average is $88.29 and its 200 day simple moving average is $84.19. The firm has a market cap of $1.03 billion, a PE ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. SHP Wealth Management bought a new stake in TCW Transform 500 ETF during the fourth quarter worth about $52,000. Legacy Wealth Managment LLC ID bought a new position in shares of TCW Transform 500 ETF during the 4th quarter valued at about $87,000. AdvisorNet Financial Inc increased its position in shares of 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 purchasing an additional 267 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of TCW Transform 500 ETF during the 2nd quarter valued at about $176,000. Finally, Krilogy Financial LLC purchased a new position in shares of TCW Transform 500 ETF during 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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