TCW Transform 500 ETF $VOTE Stake Decreased by Ethic Inc.

Ethic Inc. trimmed its position in TCW Transform 500 ETF (NASDAQ:VOTE) by 4.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 185,005 shares of the company’s stock after selling 9,109 shares during the quarter. Ethic Inc. owned approximately 1.48% of TCW Transform 500 ETF worth $16,661,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. PNC Financial Services Group Inc. grew its stake in TCW Transform 500 ETF by 8.1% during the first quarter. PNC Financial Services Group Inc. now owns 1,180,277 shares of the company’s stock valued at $90,055,000 after acquiring an additional 88,256 shares in the last quarter. Aspiriant LLC purchased a new stake in TCW Transform 500 ETF in the 3rd quarter worth approximately $17,380,000. Bank of America Corp DE boosted its holdings 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 during the period. Values Added Financial LLC boosted its holdings in TCW Transform 500 ETF by 5.7% in the 3rd quarter. Values Added Financial LLC now owns 90,625 shares of the company’s stock valued at $8,161,000 after purchasing an additional 4,877 shares during the period. Finally, Gateway Wealth Partners LLC boosted its holdings 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 during the period.

TCW Transform 500 ETF Price Performance

VOTE opened at $86.63 on Friday. The company has a fifty day moving average price of $90.26 and a 200-day moving average price of $88.97. The firm has a market capitalization of $1.08 billion, a P/E ratio of 25.32 and a beta of 1.01. TCW Transform 500 ETF has a one year low of $73.89 and a one year high of $92.19.

TCW Transform 500 ETF Increases Dividend

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