Cardinal Point Capital Management ULC Buys Shares of 20,209 TCW Transform Systems ETF $PWRD

Cardinal Point Capital Management ULC bought a new position in shares of TCW Transform Systems ETF (NASDAQ:PWRD) during the 1st quarter, HoldingsChannel reports. The firm bought 20,209 shares of the technology company’s stock, valued at approximately $1,976,000.

Other large investors have also recently made changes to their positions in the company. Key Capital Management INC purchased a new position in shares of TCW Transform Systems ETF in the fourth quarter valued at $30,000. Triumph Capital Management purchased a new stake in TCW Transform Systems ETF during the 3rd quarter worth about $77,000. Osaic Holdings Inc. bought a new position in TCW Transform Systems ETF in the 2nd quarter worth about $112,000. WealthTrust Asset Management LLC purchased a new position in TCW Transform Systems ETF during the 3rd quarter valued at about $219,000. Finally, One Capital Management LLC purchased a new position in TCW Transform Systems ETF during the 3rd quarter valued at about $271,000. 52.75% of the stock is owned by institutional investors.

TCW Transform Systems ETF Stock Down 0.0%

Shares of PWRD opened at $117.18 on Thursday. The business’s 50-day moving average price is $112.50 and its 200-day moving average price is $104.96. TCW Transform Systems ETF has a twelve month low of $86.97 and a twelve month high of $122.95. The stock has a market cap of $1.52 billion, a PE ratio of 57.44 and a beta of 1.20.

TCW Transform Systems ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd will be paid a dividend of $0.0607 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $0.24 annualized dividend and a yield of 0.2%. TCW Transform Systems ETF’s payout ratio is currently 7.84%.

TCW Transform Systems ETF Company Profile

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.