TCW Transform 500 ETF (NASDAQ:VOTE – Get Free Report) shares saw an uptick in trading volume on Wednesday. Approximately 83,317 shares changed hands during mid-day trading, an increase of 205% from the average daily volume of 27,351 shares. The stock last traded at $89.6990 and had previously closed at $88.36.
TCW Transform 500 ETF Trading Down 0.4%
The firm’s fifty day moving average price is $90.17 and its 200-day moving average price is $89.00. The company has a market cap of $1.11 billion, a P/E ratio of 23.58 and a beta of 1.01.
TCW Transform 500 ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Tuesday, September 22nd were given a dividend of $0.2273 per share. This represents a $0.91 dividend on an annualized basis and a yield of 1.0%. This is a boost from TCW Transform 500 ETF’s previous quarterly dividend of $0.2242. The ex-dividend date of this dividend was Tuesday, September 22nd.
Hedge Funds Weigh In On TCW Transform 500 ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in shares of TCW Transform 500 ETF by 14.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,349 shares of the company’s stock worth $121,000 after purchasing an additional 170 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in TCW Transform 500 ETF in the second quarter worth $128,000. AlTi Global Inc. bought a new position in TCW Transform 500 ETF in the third quarter worth $201,000. Ledyard National Bank acquired a new stake in TCW Transform 500 ETF during the third quarter worth $231,000. Finally, Royal Bank of Canada boosted its stake in TCW Transform 500 ETF by 433.1% during the first quarter. Royal Bank of Canada now owns 3,732 shares of the company’s stock worth $284,000 after buying an additional 3,032 shares in the last quarter.
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.
Further Reading
- Five stocks we like better than TCW Transform 500 ETF
- Heavy Lifting: Can USA Rare Earth Turn Its First Sales Into Big Profits?
- These 3 Stocks Have Bought Back Billions, But Which Offers the Best Value?
- Golden Dome’s $185 Billion Question: Who Actually Gets Paid?
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
Receive News & Ratings for TCW Transform 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TCW Transform 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
