JPMorgan Chase & Co. Sells 8,450 Shares of TCW Transform 500 ETF $VOTE

JPMorgan Chase & Co. lowered its holdings in shares of TCW Transform 500 ETF (BATS:VOTE) by 1.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 570,113 shares of the company’s stock after selling 8,450 shares during the period. JPMorgan Chase & Co. owned about 0.05% of TCW Transform 500 ETF worth $44,742,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Goldman Sachs Group Inc. raised its position in TCW Transform 500 ETF by 1.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 376,316 shares of the company’s stock worth $24,607,000 after purchasing an additional 3,836 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of TCW Transform 500 ETF by 20.5% in the second quarter. PNC Financial Services Group Inc. now owns 1,016,587 shares of the company’s stock valued at $73,947,000 after buying an additional 172,686 shares during the period. Creative Planning raised its position in shares of TCW Transform 500 ETF by 2.2% during the second quarter. Creative Planning now owns 12,515 shares of the company’s stock worth $910,000 after acquiring an additional 265 shares during the last quarter. MJP Associates Inc. ADV raised its position in shares of TCW Transform 500 ETF by 12.1% during the second quarter. MJP Associates Inc. ADV now owns 8,417 shares of the company’s stock worth $612,000 after acquiring an additional 909 shares during the last quarter. Finally, Dorsey & Whitney Trust CO LLC lifted its stake in shares of TCW Transform 500 ETF by 1.3% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 185,099 shares of the company’s stock worth $13,464,000 after acquiring an additional 2,350 shares during the period.

TCW Transform 500 ETF Price Performance

Shares of VOTE stock opened at $80.82 on Friday. The stock has a market capitalization of $906.80 million, a PE ratio of 25.32 and a beta of 1.02. The business’s 50 day simple moving average is $80.86 and its 200 day simple moving average is $79.15. TCW Transform 500 ETF has a one year low of $56.47 and a one year high of $81.96.

TCW Transform 500 ETF Cuts Dividend

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

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.