TCW Transform 500 ETF (BATS:VOTE) Reaches New 12-Month High – What’s Next?

TCW Transform 500 ETF (BATS:VOTEGet Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $88.05 and last traded at $88.05, with a volume of 14858 shares traded. The stock had previously closed at $87.35.

TCW Transform 500 ETF Price Performance

The firm has a market capitalization of $984.11 million, a P/E ratio of 25.32 and a beta of 1.02. The company’s 50-day simple moving average is $81.60 and its two-hundred day simple moving average is $80.75.

TCW Transform 500 ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VOTE. Root Financial Partners LLC bought a new position in TCW Transform 500 ETF in the third quarter worth approximately $31,000. SHP Wealth Management bought a new stake in shares of TCW Transform 500 ETF during the 4th quarter valued at $52,000. Rossby Financial LCC raised its position in shares of 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 purchasing an additional 611 shares during the period. Legacy Wealth Managment LLC ID bought a new stake in shares of TCW Transform 500 ETF during the 4th quarter valued at $87,000. Finally, AdvisorNet Financial Inc raised 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 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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