TCW Transform 500 ETF (BATS:VOTE) Hits New 52-Week High – Here’s Why

TCW Transform 500 ETF (BATS:VOTEGet Free Report) hit a new 52-week high on Thursday . The company traded as high as $88.59 and last traded at $88.51, with a volume of 4452 shares. The stock had previously closed at $88.25.

TCW Transform 500 ETF Trading Up 0.3%

The stock has a market capitalization of $999.14 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. The stock’s 50 day moving average is $82.63 and its two-hundred day moving average is $81.05.

TCW Transform 500 ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors 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 dividend on an annualized basis and a yield of 0.8%.

Hedge Funds Weigh In On TCW Transform 500 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SHP Wealth Management acquired a new position in TCW Transform 500 ETF in the 4th quarter worth $52,000. Legacy Wealth Managment LLC ID acquired a new position in TCW Transform 500 ETF in the 4th quarter worth $87,000. Rossby Financial LCC boosted its stake in TCW Transform 500 ETF by 122.9% in the 3rd quarter. Rossby Financial LCC now owns 1,108 shares of the company’s stock worth $87,000 after purchasing an additional 611 shares during the period. AdvisorNet Financial Inc boosted its stake in TCW Transform 500 ETF by 23.1% in 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. Finally, Raymond James Financial Inc. acquired a new position in TCW Transform 500 ETF in the 2nd quarter worth $176,000.

About TCW Transform 500 ETF

(Get Free Report)

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.

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