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

Gateway Wealth Partners LLC grew its holdings in TCW Transform 500 ETF (BATS:VOTE) by 40.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,588 shares of the company’s stock after acquiring an additional 13,633 shares during the period. Gateway Wealth Partners LLC owned 0.42% of TCW Transform 500 ETF worth $3,735,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in shares of TCW Transform 500 ETF in the 3rd quarter valued at $31,000. AdvisorNet Financial Inc increased its position in TCW Transform 500 ETF by 13.0% during the third quarter. AdvisorNet Financial Inc now owns 1,102 shares of the company’s stock worth $87,000 after buying an additional 127 shares during the last quarter. Wolff Wiese Magana LLC bought a new position in TCW Transform 500 ETF during the third quarter valued at about $122,000. Fairman Group LLC lifted its position in shares of TCW Transform 500 ETF by 123.0% in the second quarter. Fairman Group LLC now owns 2,308 shares of the company’s stock worth $168,000 after buying an additional 1,273 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of TCW Transform 500 ETF in the second quarter worth about $176,000.

TCW Transform 500 ETF Stock Performance

Shares of BATS VOTE opened at $81.12 on Friday. The firm has a market cap of $910.19 million, a price-to-earnings ratio of 25.32 and a beta of 1.02. The firm’s 50 day moving average is $80.76 and its 200-day moving average is $78.59.

TCW Transform 500 ETF Cuts Dividend

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