TCW Transform 500 ETF (NASDAQ:VOTE) Stock Short Interest Report for September

TCW Transform 500 ETF (NASDAQ:VOTE) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 6,149 shares, a growth of 486.2% from the September 15th total of 1,049 shares. Based on an average daily volume of 38,322 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

TCW Transform 500 ETF Price Performance

NASDAQ:VOTE traded up $0.57 during midday trading on Friday, reaching $91.89. 10,322 shares of the company traded hands, compared to its average volume of 27,733. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 25.32 and a beta of 1.01. The company has a fifty day moving average price of $90.47 and a 200 day moving average price of $89.21. TCW Transform 500 ETF has a twelve month low of $73.89 and a twelve month high of $92.19.

TCW Transform 500 ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Tuesday, September 22nd were given a $0.2273 dividend. This is a boost from TCW Transform 500 ETF’s previous quarterly dividend of $0.2242. This represents a $0.91 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, September 22nd.

Institutional Investors Weigh In On TCW Transform 500 ETF

Hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its position in shares of TCW Transform 500 ETF by 8.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,180,277 shares of the company’s stock worth $90,055,000 after acquiring an additional 88,256 shares during the last quarter. Bank of America Corp DE lifted its position in TCW Transform 500 ETF by 5.2% in the 1st quarter. Bank of America Corp DE now owns 185,779 shares of the company’s stock valued at $14,175,000 after purchasing an additional 9,215 shares during the last quarter. Gateway Wealth Partners LLC lifted its position in TCW Transform 500 ETF by 104.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 100,168 shares of the company’s stock valued at $7,643,000 after purchasing an additional 51,206 shares during the last quarter. Bank of New York Mellon Corp lifted its position in TCW Transform 500 ETF by 3.3% in the 1st quarter. Bank of New York Mellon Corp now owns 41,325 shares of the company’s stock valued at $3,153,000 after purchasing an additional 1,302 shares during the last quarter. Finally, Modern Wealth Management LLC boosted its stake in TCW Transform 500 ETF by 9.7% during the 1st quarter. Modern Wealth Management LLC now owns 31,115 shares of the company’s stock valued at $2,395,000 after purchasing an additional 2,748 shares during the period.

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.