Thrivent Financial for Lutherans Cuts Stock Holdings in TCW Transform 500 ETF $VOTE

Thrivent Financial for Lutherans lowered its stake in shares of TCW Transform 500 ETF (BATS:VOTE) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 775,453 shares of the company’s stock after selling 14,802 shares during the period. Thrivent Financial for Lutherans owned approximately 6.91% of TCW Transform 500 ETF worth $62,659,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VOTE. PNC Financial Services Group Inc. raised its stake in TCW Transform 500 ETF by 7.1% during the third quarter. PNC Financial Services Group Inc. now owns 1,089,061 shares of the company’s stock worth $85,470,000 after purchasing an additional 72,474 shares during the period. Orion Porfolio Solutions LLC raised its stake in TCW Transform 500 ETF by 81.5% during the second quarter. Orion Porfolio Solutions LLC now owns 136,885 shares of the company’s stock worth $9,957,000 after purchasing an additional 61,480 shares during the period. Aspiriant LLC raised its stake in TCW Transform 500 ETF by 23.9% during the fourth quarter. Aspiriant LLC now owns 130,776 shares of the company’s stock worth $10,491,000 after purchasing an additional 25,217 shares during the period. Moneta Group Investment Advisors LLC raised its stake in TCW Transform 500 ETF by 146.2% during the third quarter. Moneta Group Investment Advisors LLC now owns 33,751 shares of the company’s stock worth $2,649,000 after purchasing an additional 20,041 shares during the period. Finally, Gateway Wealth Partners LLC increased its position in shares of TCW Transform 500 ETF by 40.2% in the third quarter. Gateway Wealth Partners LLC now owns 47,588 shares of the company’s stock worth $3,735,000 after acquiring an additional 13,633 shares in the last quarter.

TCW Transform 500 ETF Stock Down 1.2%

TCW Transform 500 ETF stock opened at $86.87 on Friday. TCW Transform 500 ETF has a 52-week low of $67.74 and a 52-week high of $88.03. The firm has a fifty day moving average of $80.84 and a 200-day moving average of $80.52. The firm has a market capitalization of $974.68 million, a P/E ratio of 25.32 and a beta of 1.02.

TCW Transform 500 ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given 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%.

TCW Transform 500 ETF 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.