TCW Transform 500 ETF (NASDAQ:VOTE) Shares Shorted: Short Interest Up 486.2% in September

TCW Transform 500 ETF (NASDAQ:VOTE) saw a significant growth in short interest in 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. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 38,322 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On TCW Transform 500 ETF

Several institutional investors and hedge funds have recently bought and sold shares of VOTE. Bank of America Corp DE increased its holdings in shares of 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 period. Gateway Wealth Partners LLC boosted its holdings in shares of TCW Transform 500 ETF by 104.6% during the first quarter. Gateway Wealth Partners LLC now owns 100,168 shares of the company’s stock worth $7,643,000 after purchasing an additional 51,206 shares during the period. Fairman Group LLC grew its position in TCW Transform 500 ETF by 813.0% during the first quarter. Fairman Group LLC now owns 21,072 shares of the company’s stock valued at $1,608,000 after purchasing an additional 18,764 shares in the last quarter. PNC Financial Services Group Inc. grew its position in 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 valued at $90,055,000 after purchasing an additional 88,256 shares in the last quarter. Finally, Sonoma Allocations LLC increased its stake in TCW Transform 500 ETF by 16.1% in the 1st quarter. Sonoma Allocations LLC now owns 9,239 shares of the company’s stock valued at $714,000 after buying an additional 1,278 shares during the period.

TCW Transform 500 ETF Stock Up 0.6%

Shares of TCW Transform 500 ETF stock opened at $91.89 on Friday. TCW Transform 500 ETF has a 12 month low of $73.89 and a 12 month high of $92.19. The stock has a market cap of $1.15 billion, a PE ratio of 25.32 and a beta of 1.01. The business has a fifty day simple moving average of $90.47 and a 200-day simple moving average of $89.21.

TCW Transform 500 ETF Increases Dividend

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

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.