Modern Wealth Management LLC Takes Position in TCW Transform 500 ETF (BATS:VOTE)

Modern Wealth Management LLC bought a new position in shares of TCW Transform 500 ETF (BATS:VOTE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 17,584 shares of the company’s stock, valued at approximately $1,251,000. Modern Wealth Management LLC owned approximately 0.18% of TCW Transform 500 ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VOTE. Stifel Financial Corp acquired a new stake in TCW Transform 500 ETF during the 3rd quarter worth approximately $567,000. Orion Portfolio Solutions LLC raised its stake in shares of TCW Transform 500 ETF by 543.7% in the third quarter. Orion Portfolio Solutions LLC now owns 66,574 shares of the company’s stock valued at $4,463,000 after acquiring an additional 56,231 shares in the last quarter. Diversified Trust Co boosted its holdings in TCW Transform 500 ETF by 100.2% in the fourth quarter. Diversified Trust Co now owns 9,578 shares of the company’s stock valued at $659,000 after purchasing an additional 4,794 shares during the period. Breakwater Investment Management boosted its holdings in TCW Transform 500 ETF by 3.9% in the fourth quarter. Breakwater Investment Management now owns 11,344 shares of the company’s stock valued at $780,000 after purchasing an additional 423 shares during the period. Finally, Aspiriant LLC grew its stake in TCW Transform 500 ETF by 39.1% during the 4th quarter. Aspiriant LLC now owns 84,135 shares of the company’s stock worth $5,787,000 after purchasing an additional 23,642 shares in the last quarter.

TCW Transform 500 ETF Trading Down 1.2 %

Shares of BATS VOTE opened at $66.75 on Thursday. The business’s fifty day moving average is $69.40 and its 200-day moving average is $68.88. The stock has a market cap of $728.92 million, a P/E ratio of 24.81 and a beta of 1.01.

TCW Transform 500 ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were paid a dividend of $0.2065 per share. This is a positive change from TCW Transform 500 ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 24th.

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.