Arete Wealth Advisors LLC Buys Shares of 22,853 TCW Transform Systems ETF $PWRD

Arete Wealth Advisors LLC purchased a new stake in TCW Transform Systems ETF (NASDAQ:PWRD) during the first quarter, Holdings Channel.com reports. The firm purchased 22,853 shares of the technology company’s stock, valued at approximately $2,231,000.

Several other large investors have also recently made changes to their positions in PWRD. WCG Wealth Advisors LLC raised its position in shares of TCW Transform Systems ETF by 192.9% in the fourth quarter. WCG Wealth Advisors LLC now owns 359,839 shares of the technology company’s stock valued at $34,601,000 after purchasing an additional 236,974 shares during the period. Quotient Wealth Partners LLC increased its position in TCW Transform Systems ETF by 41.0% in the 1st quarter. Quotient Wealth Partners LLC now owns 933,031 shares of the technology company’s stock worth $91,219,000 after buying an additional 271,444 shares during the period. Quadcap Wealth Management LLC raised its stake in TCW Transform Systems ETF by 12.8% during the 4th quarter. Quadcap Wealth Management LLC now owns 86,225 shares of the technology company’s stock valued at $8,298,000 after purchasing an additional 9,798 shares during the last quarter. Dynasty Wealth Management LLC increased its holdings in shares of TCW Transform Systems ETF by 63.6% during the 4th quarter. Dynasty Wealth Management LLC now owns 5,303,116 shares of the technology company’s stock worth $509,927,000 after purchasing an additional 2,061,596 shares during the period. Finally, Corient Private Wealth LLC raised its position in shares of TCW Transform Systems ETF by 270.3% during the fourth quarter. Corient Private Wealth LLC now owns 13,695 shares of the technology company’s stock valued at $1,317,000 after buying an additional 9,997 shares during the last quarter. 52.75% of the stock is owned by institutional investors.

TCW Transform Systems ETF Stock Up 1.4%

TCW Transform Systems ETF stock opened at $107.94 on Friday. The business has a 50 day moving average price of $113.64 and a two-hundred day moving average price of $107.86. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 52.91 and a beta of 1.18. TCW Transform Systems ETF has a 12 month low of $89.13 and a 12 month high of $123.23.

TCW Transform Systems ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Tuesday, June 23rd were issued a dividend of $0.0607 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, June 23rd. TCW Transform Systems ETF’s dividend payout ratio (DPR) is presently 2.94%.

TCW Transform Systems ETF Profile

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.