TCW Transform 500 ETF (BATS:VOTE) Shares Down 0.1% – Time to Sell?

TCW Transform 500 ETF (BATS:VOTE) was down 0.1% during trading on Wednesday . The stock traded as low as $87.93 and last traded at $88.14. 8,288 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 28,580 shares. The stock had previously closed at $88.20.

TCW Transform 500 ETF Stock Performance

The stock has a market capitalization of $988.93 million, a PE ratio of 25.32 and a beta of 1.02. The firm’s 50 day moving average is $87.83 and its two-hundred day moving average is $83.22.

TCW Transform 500 ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.2242 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Trading of TCW Transform 500 ETF

Several hedge funds have recently modified their holdings of the stock. Sonoma Allocations LLC boosted its holdings in TCW Transform 500 ETF by 25.2% in the second quarter. Sonoma Allocations LLC now owns 11,564 shares of the company’s stock valued at $1,022,000 after purchasing an additional 2,325 shares during the period. Bank of America Corp DE raised its position in TCW Transform 500 ETF by 5.2% in the 1st quarter. Bank of America Corp DE now owns 185,779 shares of the company’s stock valued at $14,175,000 after purchasing an additional 9,215 shares in the last quarter. Royal Bank of Canada raised its position in TCW Transform 500 ETF by 433.1% in 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 in the last quarter. Gateway Wealth Partners LLC raised its position in TCW Transform 500 ETF by 104.6% in 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 in the last quarter. Finally, Modern Wealth Management LLC boosted its stake in shares of TCW Transform 500 ETF by 9.7% in the 1st quarter. Modern Wealth Management LLC now owns 31,115 shares of the company’s stock valued at $2,395,000 after buying an additional 2,748 shares during the period.

About TCW Transform 500 ETF

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.