Trademark Financial Management LLC Purchases Shares of 5,130 TCW Transform Systems ETF (BATS:NETZ)

Trademark Financial Management LLC acquired a new position in shares of TCW Transform Systems ETF (BATS:NETZ) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,130 shares of the company’s stock, valued at approximately $350,000. Trademark Financial Management LLC owned about 0.29% of TCW Transform Systems ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of NETZ. Edge Capital Group LLC acquired a new position in TCW Transform Systems ETF during the fourth quarter worth approximately $206,000. Roberts Wealth Advisors LLC bought a new position in TCW Transform Systems ETF during the first quarter worth about $306,000. Bristlecone Advisors LLC increased its holdings in shares of TCW Transform Systems ETF by 3.6% during the second quarter. Bristlecone Advisors LLC now owns 6,226 shares of the company’s stock worth $425,000 after purchasing an additional 218 shares during the period. Portside Wealth Group LLC raised its position in shares of TCW Transform Systems ETF by 36.0% in the second quarter. Portside Wealth Group LLC now owns 12,875 shares of the company’s stock valued at $878,000 after buying an additional 3,410 shares in the last quarter. Finally, Bellevue Asset Management LLC bought a new stake in shares of TCW Transform Systems ETF in the fourth quarter valued at approximately $1,086,000.

TCW Transform Systems ETF Price Performance

BATS:NETZ traded up $0.76 during trading hours on Friday, reaching $70.38. 2,795 shares of the company were exchanged. The firm has a fifty day moving average of $68.48 and a 200 day moving average of $67.89. The firm has a market capitalization of $125.27 million, a P/E ratio of 25.16 and a beta of 0.92.

TCW Transform Systems ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 26th. Stockholders of record on Monday, June 24th were issued a dividend of $0.1875 per share. This is a positive change from TCW Transform Systems ETF’s previous dividend of $0.04. The ex-dividend date was Monday, June 24th.

About TCW Transform Systems ETF

The Engine No. 1 Transform Climate ETF (NETZ) is an exchange-traded fund. The ETF currently has 95.44m in AUM and 25 holdings. NETZ is an actively managed portfolio of US equities that are considered to be driving and benefiting from the energy transformation NETZ was launched on Feb 2, 2022 and is managed by Engine No.