Gateway Wealth Partners LLC Has $3.74 Million Stake in TCW Transform 500 ETF $VOTE

Gateway Wealth Partners LLC increased its position in TCW Transform 500 ETF (BATS:VOTE) by 40.2% in the 3rd quarter, Holdings Channel reports. The firm owned 47,588 shares of the company’s stock after buying an additional 13,633 shares during the quarter. Gateway Wealth Partners LLC’s holdings in TCW Transform 500 ETF were worth $3,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Root Financial Partners LLC acquired a new stake in shares of TCW Transform 500 ETF during the third quarter worth approximately $31,000. AdvisorNet Financial Inc boosted its holdings in shares of TCW Transform 500 ETF by 13.0% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,102 shares of the company’s stock worth $87,000 after acquiring an additional 127 shares in the last quarter. Wolff Wiese Magana LLC bought a new stake in TCW Transform 500 ETF during the 3rd quarter worth approximately $122,000. Fairman Group LLC grew its position in TCW Transform 500 ETF by 123.0% during the 2nd quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock worth $168,000 after acquiring an additional 1,273 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in TCW Transform 500 ETF during the 2nd quarter valued at $176,000.

TCW Transform 500 ETF Trading Up 2.0%

Shares of VOTE opened at $81.12 on Friday. The company has a market cap of $910.19 million, a P/E ratio of 25.32 and a beta of 1.02. The company has a 50-day simple moving average of $80.76 and a two-hundred day simple moving average of $78.59.

TCW Transform 500 ETF Cuts Dividend

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