TCW Transform 500 ETF $VOTE Shares Acquired by Fairman Group LLC

Fairman Group LLC increased its stake in shares of TCW Transform 500 ETF (BATS:VOTE) by 813.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,072 shares of the company’s stock after purchasing an additional 18,764 shares during the quarter. TCW Transform 500 ETF makes up approximately 1.4% of Fairman Group LLC’s holdings, making the stock its 13th largest holding. Fairman Group LLC owned 0.19% of TCW Transform 500 ETF worth $1,608,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its holdings in TCW Transform 500 ETF by 0.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,092,021 shares of the company’s stock valued at $87,605,000 after purchasing an additional 2,960 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of TCW Transform 500 ETF by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 376,316 shares of the company’s stock worth $24,607,000 after buying an additional 3,836 shares in the last quarter. Ethic Inc. grew its holdings in shares of TCW Transform 500 ETF by 0.6% during the fourth quarter. Ethic Inc. now owns 365,507 shares of the company’s stock worth $29,322,000 after buying an additional 2,286 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in shares of TCW Transform 500 ETF by 0.6% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 189,410 shares of the company’s stock valued at $15,195,000 after buying an additional 1,038 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of TCW Transform 500 ETF by 0.4% during the third quarter. Bank of America Corp DE now owns 167,861 shares of the company’s stock valued at $13,174,000 after buying an additional 649 shares during the period.

TCW Transform 500 ETF Stock Performance

Shares of BATS VOTE opened at $88.17 on Wednesday. The firm has a market cap of $989.27 million, a P/E ratio of 25.32 and a beta of 1.02. TCW Transform 500 ETF has a 1 year low of $72.45 and a 1 year high of $89.56. The firm’s 50 day moving average price is $86.76 and its 200 day moving average price is $82.34.

TCW Transform 500 ETF Announces Dividend

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

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.