TCW Transform 500 ETF (NASDAQ:VOTE) Stock Short Interest Drops 90.7%

TCW Transform 500 ETF (NASDAQ:VOTE) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 1,049 shares, a drop of 90.7% from the August 31st total of 11,276 shares. Based on an average daily volume of 25,679 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

TCW Transform 500 ETF Trading Up 0.0%

VOTE opened at $90.58 on Friday. The stock’s 50 day simple moving average is $90.54 and its 200-day simple moving average is $88.88. The stock has a market cap of $1.14 billion, a PE ratio of 25.32 and a beta of 1.01. TCW Transform 500 ETF has a 1 year low of $73.89 and a 1 year high of $91.89.

TCW Transform 500 ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Tuesday, September 22nd were paid a $0.2273 dividend. The ex-dividend date was Tuesday, September 22nd. This represents a $0.91 dividend on an annualized basis and a dividend yield of 1.0%. This is a positive change from TCW Transform 500 ETF’s previous quarterly dividend of $0.2242.

Institutional Trading of TCW Transform 500 ETF

Several institutional investors have recently made changes to their positions in VOTE. Integrated Wealth Concepts LLC bought a new position in TCW Transform 500 ETF during the second quarter worth about $128,000. Sonoma Allocations LLC increased its position in shares of TCW Transform 500 ETF by 25.2% during the 2nd quarter. Sonoma Allocations LLC now owns 11,564 shares of the company’s stock worth $1,022,000 after purchasing an additional 2,325 shares in the last quarter. Bank of America Corp DE increased its position in shares of TCW Transform 500 ETF by 5.2% during the 1st quarter. Bank of America Corp DE now owns 185,779 shares of the company’s stock worth $14,175,000 after purchasing an additional 9,215 shares in the last quarter. Royal Bank of Canada lifted its holdings in TCW Transform 500 ETF by 433.1% during the 1st quarter. Royal Bank of Canada now owns 3,732 shares of the company’s stock valued at $284,000 after purchasing an additional 3,032 shares during the last quarter. Finally, Gateway Wealth Partners LLC lifted its holdings in TCW Transform 500 ETF by 104.6% during the 1st quarter. Gateway Wealth Partners LLC now owns 100,168 shares of the company’s stock valued at $7,643,000 after purchasing an additional 51,206 shares during the last quarter.

TCW Transform 500 ETF Company 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.