Centerline Wealth Advisors LLC Sells 36,023 Shares of TCW Transform Systems ETF $PWRD

Centerline Wealth Advisors LLC decreased its holdings in TCW Transform Systems ETF (NASDAQ:PWRD) by 24.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 114,143 shares of the technology company’s stock after selling 36,023 shares during the quarter. TCW Transform Systems ETF accounts for about 4.4% of Centerline Wealth Advisors LLC’s holdings, making the stock its 6th biggest holding. Centerline Wealth Advisors LLC owned about 0.85% of TCW Transform Systems ETF worth $14,035,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Triumph Capital Management purchased a new position in shares of TCW Transform Systems ETF in the 3rd quarter valued at about $77,000. Fifth Third Bancorp acquired a new position in TCW Transform Systems ETF in the 1st quarter valued at about $79,000. Osaic Holdings Inc. purchased a new stake in shares of TCW Transform Systems ETF during the second quarter worth approximately $112,000. WealthTrust Asset Management LLC raised its position in TCW Transform Systems ETF by 5.4% during the 1st quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock worth $231,000 after buying an additional 122 shares during the last quarter. Finally, One Capital Management LLC acquired a new stake in TCW Transform Systems ETF in the third quarter valued at about $271,000. 52.75% of the stock is currently owned by hedge funds and other institutional investors.

TCW Transform Systems ETF Stock Performance

TCW Transform Systems ETF stock opened at $109.22 on Wednesday. TCW Transform Systems ETF has a one year low of $90.58 and a one year high of $123.23. The business has a fifty day moving average of $110.59 and a two-hundred day moving average of $109.42. The company has a market cap of $1.46 billion, a P/E ratio of 53.54 and a beta of 1.18.

TCW Transform Systems ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Tuesday, June 23rd were given a $0.0607 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. TCW Transform Systems ETF’s payout ratio is currently 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.