Litman Gregory Wealth Management LLC Sells 8,244 Shares of TCW Transform 500 ETF $VOTE

Litman Gregory Wealth Management LLC cut its stake in shares of TCW Transform 500 ETF (BATS:VOTE) by 4.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 181,390 shares of the company’s stock after selling 8,244 shares during the quarter. TCW Transform 500 ETF accounts for 1.1% of Litman Gregory Wealth Management LLC’s portfolio, making the stock its 24th biggest position. Litman Gregory Wealth Management LLC’s holdings in TCW Transform 500 ETF were worth $14,235,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. AdvisorNet Financial Inc lifted its position in TCW Transform 500 ETF by 13.0% in the third quarter. AdvisorNet Financial Inc now owns 1,102 shares of the company’s stock valued at $87,000 after purchasing an additional 127 shares during the last quarter. Creative Planning grew its holdings in shares of TCW Transform 500 ETF by 2.2% in the second quarter. Creative Planning now owns 12,515 shares of the company’s stock worth $910,000 after purchasing an additional 265 shares during the last quarter. Tolleson Wealth Management Inc. increased its stake in shares of TCW Transform 500 ETF by 0.5% in the first quarter. Tolleson Wealth Management Inc. now owns 66,650 shares of the company’s stock worth $4,358,000 after buying an additional 300 shares during the period. Ridgecrest Wealth Partners LLC raised its holdings in TCW Transform 500 ETF by 12.9% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 5,028 shares of the company’s stock valued at $366,000 after buying an additional 575 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its position in TCW Transform 500 ETF by 16.9% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 4,896 shares of the company’s stock valued at $320,000 after buying an additional 707 shares during the period.

TCW Transform 500 ETF Stock Performance

Shares of TCW Transform 500 ETF stock opened at $81.19 on Friday. The company has a market cap of $910.94 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. The stock has a 50-day moving average price of $79.65 and a two-hundred day moving average price of $76.62.

TCW Transform 500 ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Monday, December 22nd were paid a $0.209 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.84 annualized dividend and a dividend yield of 1.0%.

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.