LPL Financial LLC Acquires 4,688 Shares of TCW Transform 500 ETF (BATS:VOTE)

LPL Financial LLC increased its holdings in TCW Transform 500 ETF (BATS:VOTE) by 121.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 8,563 shares of the company’s stock after purchasing an additional 4,688 shares during the period. LPL Financial LLC’s holdings in TCW Transform 500 ETF were worth $589,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Breakwater Investment Management raised its stake in TCW Transform 500 ETF by 3.9% during the fourth quarter. Breakwater Investment Management now owns 11,344 shares of the company’s stock worth $780,000 after buying an additional 423 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of TCW Transform 500 ETF by 18.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 5,826 shares of the company’s stock valued at $401,000 after purchasing an additional 926 shares during the period. Sage Advisory Services Ltd.Co. lifted its stake in shares of TCW Transform 500 ETF by 12.7% in the 4th quarter. Sage Advisory Services Ltd.Co. now owns 10,746 shares of the company’s stock valued at $739,000 after purchasing an additional 1,211 shares during the period. Millstone Evans Group LLC acquired a new stake in TCW Transform 500 ETF during the fourth quarter worth approximately $141,000. Finally, Values Added Financial LLC increased its holdings in TCW Transform 500 ETF by 2.4% in the fourth quarter. Values Added Financial LLC now owns 97,825 shares of the company’s stock worth $6,729,000 after purchasing an additional 2,255 shares in the last quarter.

TCW Transform 500 ETF Price Performance

TCW Transform 500 ETF stock opened at $62.94 on Thursday. The stock’s 50-day simple moving average is $65.69 and its 200 day simple moving average is $68.28. The company has a market cap of $691.04 million, a PE ratio of 24.25 and a beta of 1.02.

TCW Transform 500 ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a dividend of $0.2065 per share. The ex-dividend date was Monday, March 24th. This is a boost from TCW Transform 500 ETF’s previous dividend of $0.20.

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.