TCW Transform 500 ETF (BATS:VOTE) Reaches New 52-Week High – Here’s What Happened

TCW Transform 500 ETF (BATS:VOTE)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $83.61 and last traded at $83.61, with a volume of 172 shares trading hands. The stock had previously closed at $83.33.

TCW Transform 500 ETF Stock Performance

The firm’s 50 day moving average price is $79.29 and its two-hundred day moving average price is $79.79. The firm has a market cap of $939.23 million, a PE ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Cuts Dividend

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

Hedge Funds Weigh In On TCW Transform 500 ETF

A number of hedge funds have recently made changes to their positions in the stock. AdvisorNet Financial Inc boosted its position in shares of TCW Transform 500 ETF by 23.1% during the 1st quarter. AdvisorNet Financial Inc now owns 1,421 shares of the company’s stock worth $108,000 after purchasing an additional 267 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of TCW Transform 500 ETF by 268.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,539 shares of the company’s stock worth $364,000 after purchasing an additional 3,307 shares during the period. SHP Wealth Management purchased a new position in shares of TCW Transform 500 ETF during the 4th quarter worth approximately $52,000. Sonoma Allocations LLC boosted its position in shares of TCW Transform 500 ETF by 110.3% during the 4th quarter. Sonoma Allocations LLC now owns 7,961 shares of the company’s stock worth $650,000 after purchasing an additional 4,175 shares during the period. Finally, Alpha Capital Advisors Inc. ADV purchased a new position in shares of TCW Transform 500 ETF during the 4th quarter worth approximately $588,000.

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.