Angeles Investment Advisors LLC Cuts Position in TCW Transform 500 ETF $VOTE

Angeles Investment Advisors LLC lowered its stake in shares of TCW Transform 500 ETF (BATS:VOTE) by 30.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 729,569 shares of the company’s stock after selling 324,975 shares during the period. TCW Transform 500 ETF comprises about 3.8% of Angeles Investment Advisors LLC’s holdings, making the stock its 6th largest position. Angeles Investment Advisors LLC owned about 0.07% of TCW Transform 500 ETF worth $57,257,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Root Financial Partners LLC bought a new stake in TCW Transform 500 ETF during the 3rd quarter valued at approximately $31,000. AdvisorNet Financial Inc raised its position in shares of TCW Transform 500 ETF by 13.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,102 shares of the company’s stock worth $87,000 after acquiring an additional 127 shares in the last quarter. Wolff Wiese Magana LLC purchased a new position in shares of TCW Transform 500 ETF in the 3rd quarter valued at approximately $122,000. Fairman Group LLC boosted its position in shares of TCW Transform 500 ETF by 123.0% during the second quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock valued at $168,000 after purchasing an additional 1,273 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of TCW Transform 500 ETF during the second quarter valued at approximately $176,000.

TCW Transform 500 ETF Trading Up 0.0%

VOTE opened at $81.25 on Thursday. The stock has a fifty day simple moving average of $80.83 and a two-hundred day simple moving average of $78.73. The company has a market cap of $911.63 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. TCW Transform 500 ETF has a 12-month low of $56.47 and a 12-month high of $81.96.

TCW Transform 500 ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Monday, December 22nd were paid a $0.209 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, December 22nd.

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.