TCW Transform Systems ETF $PWRD Shares Bought by Procyon Advisors LLC

Procyon Advisors LLC raised its stake in shares of TCW Transform Systems ETF (NASDAQ:PWRD) by 13.9% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 135,106 shares of the technology company’s stock after buying an additional 16,486 shares during the period. Procyon Advisors LLC’s holdings in TCW Transform Systems ETF were worth $13,209,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Key Capital Management INC acquired a new stake in TCW Transform Systems ETF during the fourth quarter worth about $30,000. Triumph Capital Management purchased a new stake in TCW Transform Systems ETF in the 3rd quarter worth approximately $77,000. Fifth Third Bancorp acquired a new stake in shares of TCW Transform Systems ETF during the 1st quarter worth approximately $79,000. Osaic Holdings Inc. acquired a new stake in shares of TCW Transform Systems ETF during the 2nd quarter worth approximately $112,000. Finally, One Capital Management LLC purchased a new position in shares of TCW Transform Systems ETF during the 3rd quarter valued at approximately $271,000. Hedge funds and other institutional investors own 52.75% of the company’s stock.

TCW Transform Systems ETF Stock Performance

Shares of NASDAQ PWRD opened at $115.18 on Monday. The company has a market capitalization of $1.51 billion, a PE ratio of 56.46 and a beta of 1.18. The company’s fifty day moving average price is $114.30 and its 200 day moving average price is $106.64. TCW Transform Systems ETF has a 1 year low of $88.50 and a 1 year high of $123.23.

TCW Transform Systems ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.0607 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 23rd. TCW Transform Systems ETF’s dividend payout ratio is presently 2.94%.

About TCW Transform Systems ETF

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.