TCW Transform 500 ETF (NASDAQ:VOTE) Stock Price Down 0.4% – Time to Sell?

TCW Transform 500 ETF (NASDAQ:VOTE) shares were down 0.4% on Monday . The stock traded as low as $89.49 and last traded at $89.75. 14,728 shares were traded during trading, a decline of 46% from the average session volume of 27,478 shares. The stock had previously closed at $90.15.

TCW Transform 500 ETF Stock Performance

The stock has a market capitalization of $1.12 billion, a PE ratio of 25.32 and a beta of 1.01. The stock’s 50 day moving average is $90.64 and its two-hundred day moving average is $88.81.

TCW Transform 500 ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $0.2242 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.0%.

Institutional Trading of TCW Transform 500 ETF

A number of institutional investors have recently made changes to their positions in VOTE. PNC Financial Services Group Inc. raised its stake in TCW Transform 500 ETF by 8.1% in 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. Dorsey & Whitney Trust CO LLC boosted its stake in TCW Transform 500 ETF by 0.6% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 189,410 shares of the company’s stock worth $15,195,000 after purchasing an additional 1,038 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of TCW Transform 500 ETF by 5.2% during the first quarter. Bank of America Corp DE now owns 185,779 shares of the company’s stock worth $14,175,000 after buying an additional 9,215 shares in the last quarter. Gateway Wealth Partners LLC grew its holdings in shares of TCW Transform 500 ETF by 104.6% during the first quarter. Gateway Wealth Partners LLC now owns 100,168 shares of the company’s stock worth $7,643,000 after buying an additional 51,206 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of TCW Transform 500 ETF by 3.3% in the first quarter. Bank of New York Mellon Corp now owns 41,325 shares of the company’s stock valued at $3,153,000 after buying an additional 1,302 shares during the last quarter.

TCW Transform 500 ETF Company Profile

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.