Gateway Wealth Partners LLC Buys New Shares in TCW Transform 500 ETF $VOTE

Gateway Wealth Partners LLC purchased a new position in TCW Transform 500 ETF (BATS:VOTE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 33,955 shares of the company’s stock, valued at approximately $2,470,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VOTE. AdvisorNet Financial Inc lifted its position in shares of TCW Transform 500 ETF by 16.8% in the second quarter. AdvisorNet Financial Inc now owns 975 shares of the company’s stock valued at $71,000 after acquiring an additional 140 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in TCW Transform 500 ETF during the 2nd quarter valued at approximately $87,000. Fairman Group LLC lifted its holdings in TCW Transform 500 ETF by 123.0% in the 2nd quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock worth $168,000 after purchasing an additional 1,273 shares in the last quarter. Schneider Downs Wealth Management Advisors LP purchased a new position in TCW Transform 500 ETF in the 2nd quarter worth approximately $216,000. Finally, Centric Wealth Management bought a new position in TCW Transform 500 ETF in the 1st quarter worth approximately $317,000.

TCW Transform 500 ETF Stock Performance

Shares of VOTE opened at $80.47 on Friday. The stock has a market cap of $902.91 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. The firm’s 50-day moving average is $79.07 and its 200 day moving average is $75.48.

TCW Transform 500 ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Monday, September 22nd were paid a $0.2228 dividend. The ex-dividend date was Monday, September 22nd. This represents a $0.89 annualized dividend and a yield of 1.1%.

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.