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

TCW Transform 500 ETF (BATS:VOTE)’s share price 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 business has a 50-day simple moving average of $80.42 and a two-hundred day simple moving average of $80.35. The company has a market capitalization of $979.17 million, a price-to-earnings ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Cuts Dividend

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

Hedge Funds Weigh In On TCW Transform 500 ETF

A number of large investors have recently modified their holdings of VOTE. Osaic Holdings Inc. increased its stake in TCW Transform 500 ETF by 0.9% in the 4th quarter. Osaic Holdings Inc. now owns 15,622 shares of the company’s stock valued at $1,253,000 after purchasing an additional 136 shares in the last quarter. Mission Wealth Management LP grew its holdings in TCW Transform 500 ETF by 1.0% during 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 during the last quarter. Ballentine Partners LLC grew its holdings in TCW Transform 500 ETF by 0.7% during 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 during the last quarter. Seeds Investor LLC grew its holdings in TCW Transform 500 ETF by 1.5% during 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 during the last quarter. Finally, AdvisorNet Financial Inc grew 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 last quarter.

About TCW Transform 500 ETF

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.