TCW Transform 500 ETF (NASDAQ:VOTE) Short Interest Update

by · The Markets Daily

TCW Transform 500 ETF (NASDAQ:VOTE – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,049 shares, a drop of 90.7% from the August 31st total of 11,276 shares. Based on an average daily volume of 25,679 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On TCW Transform 500 ETF

A number of institutional investors have recently modified their holdings of VOTE. Bank of America Corp DE raised its position in shares of 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 worth $14,175,000 after purchasing an additional 9,215 shares during the last quarter. Gateway Wealth Partners LLC boosted its stake 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 worth $7,643,000 after purchasing an additional 51,206 shares in the last quarter. Fairman Group LLC grew its position in TCW Transform 500 ETF by 813.0% during the 1st quarter. Fairman Group LLC now owns 21,072 shares of the company’s stock valued at $1,608,000 after purchasing an additional 18,764 shares during the last quarter. PNC Financial Services Group Inc. grew its position in TCW Transform 500 ETF by 8.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,180,277 shares of the company’s stock valued at $90,055,000 after purchasing an additional 88,256 shares during the last quarter. Finally, Sonoma Allocations LLC increased its stake in TCW Transform 500 ETF by 16.1% during the 1st quarter. Sonoma Allocations LLC now owns 9,239 shares of the company’s stock valued at $714,000 after purchasing an additional 1,278 shares in the last quarter.

TCW Transform 500 ETF Stock Performance

Shares of VOTE traded up $0.03 during mid-day trading on Thursday, reaching $90.58. The company had a trading volume of 29,397 shares, compared to its average volume of 27,748. The firm has a 50-day moving average price of $90.55 and a 200 day moving average price of $88.85. TCW Transform 500 ETF has a 52 week low of $73.89 and a 52 week high of $91.89. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 25.32 and a beta of 1.01.

TCW Transform 500 ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Tuesday, September 22nd will be paid a dividend of $0.2273 per share. The ex-dividend date is Tuesday, September 22nd. This is a positive change from TCW Transform 500 ETF’s previous quarterly dividend of $0.2242. This represents a $0.91 dividend on an annualized basis and a yield of 1.0%.

TCW Transform 500 ETF Company Profile

(Get Free Report)

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.

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