TCW Transform 500 ETF (BATS:VOTE) Shares Up 1.2% – Should You Buy?

TCW Transform 500 ETF (BATS:VOTE) traded up 1.2% during trading on Thursday . The company traded as high as $88.38 and last traded at $88.38. Approximately 15,231 shares traded hands during trading, a decline of 50% from the average daily volume of 30,567 shares. The stock had previously closed at $87.32.

TCW Transform 500 ETF Price Performance

The business’s 50-day moving average price is $85.80 and its two-hundred day moving average price is $81.95. The firm has a market cap of $991.62 million, a price-to-earnings ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. lifted its stake in shares of TCW Transform 500 ETF by 0.9% during the 4th quarter. Osaic Holdings Inc. now owns 15,622 shares of the company’s stock worth $1,253,000 after purchasing an additional 136 shares during the period. Seeds Investor LLC grew its position in shares of TCW Transform 500 ETF by 1.5% in the fourth quarter. Seeds Investor LLC now owns 16,132 shares of the company’s stock valued at $1,294,000 after purchasing an additional 236 shares during the period. AdvisorNet Financial Inc grew its position in shares of TCW Transform 500 ETF by 23.1% in the first 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. Plum Street Advisors LLC increased its stake in TCW Transform 500 ETF by 2.3% in the third quarter. Plum Street Advisors LLC now owns 25,406 shares of the company’s stock valued at $1,994,000 after purchasing an additional 564 shares during the last quarter. Finally, Rossby Financial LCC increased its stake in TCW Transform 500 ETF by 122.9% in the third 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 last quarter.

TCW Transform 500 ETF Company 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. 1.