Litman Gregory Wealth Management LLC Lowers Stock Position in TCW Transform 500 ETF $VOTE

Litman Gregory Wealth Management LLC lessened its stake in TCW Transform 500 ETF (BATS:VOTE) by 4.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,390 shares of the company’s stock after selling 8,244 shares during the period. TCW Transform 500 ETF makes up about 1.1% of Litman Gregory Wealth Management LLC’s holdings, making the stock its 24th biggest holding. Litman Gregory Wealth Management LLC owned 1.62% of TCW Transform 500 ETF worth $14,235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Farther Finance Advisors LLC bought a new stake in TCW Transform 500 ETF during the second quarter worth about $87,000. Gateway Wealth Partners LLC purchased a new position in shares of TCW Transform 500 ETF during the 2nd quarter valued at about $2,470,000. Angeles Investment Advisors LLC lifted its position in TCW Transform 500 ETF by 22.3% in the 2nd quarter. Angeles Investment Advisors LLC now owns 1,054,544 shares of the company’s stock worth $76,708,000 after buying an additional 192,625 shares during the last quarter. Fairman Group LLC lifted its position in TCW Transform 500 ETF by 123.0% in the 2nd quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock worth $168,000 after buying an additional 1,273 shares during the last quarter. Finally, Etesian Wealth Advisors Inc. boosted its stake in TCW Transform 500 ETF by 24.8% in the second quarter. Etesian Wealth Advisors Inc. now owns 10,233 shares of the company’s stock worth $744,000 after buying an additional 2,034 shares in the last quarter.

TCW Transform 500 ETF Price Performance

Shares of BATS VOTE opened at $81.19 on Friday. The company has a market capitalization of $910.94 million, a PE ratio of 25.32 and a beta of 1.02. The company’s 50 day simple moving average is $79.65 and its 200 day simple moving average is $76.62.

TCW Transform 500 ETF Cuts Dividend

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

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.