Gateway Wealth Partners LLC Boosts Stock Position in TCW Transform 500 ETF $VOTE

Gateway Wealth Partners LLC lifted its stake in TCW Transform 500 ETF (BATS:VOTE) by 104.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 100,168 shares of the company’s stock after purchasing an additional 51,206 shares during the quarter. Gateway Wealth Partners LLC’s holdings in TCW Transform 500 ETF were worth $7,643,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VOTE. Goldman Sachs Group Inc. boosted its stake in TCW Transform 500 ETF by 1.0% during the first quarter. Goldman Sachs Group Inc. now owns 376,316 shares of the company’s stock worth $24,607,000 after buying an additional 3,836 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in TCW Transform 500 ETF in the 2nd quarter valued at $176,000. Modern Wealth Management LLC increased its stake in shares of TCW Transform 500 ETF by 35.3% in the 2nd quarter. Modern Wealth Management LLC now owns 23,329 shares of the company’s stock worth $1,697,000 after acquiring an additional 6,091 shares during the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of TCW Transform 500 ETF by 81.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 136,885 shares of the company’s stock worth $9,957,000 after acquiring an additional 61,480 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of TCW Transform 500 ETF by 1,613.8% during the 2nd quarter. Osaic Holdings Inc. now owns 9,409 shares of the company’s stock worth $684,000 after acquiring an additional 8,860 shares during the period.

TCW Transform 500 ETF Price Performance

BATS VOTE opened at $87.00 on Monday. The business’s fifty day simple moving average is $87.82 and its 200-day simple moving average is $83.31. The firm has a market cap of $976.14 million, a PE ratio of 25.32 and a beta of 1.02. TCW Transform 500 ETF has a 52 week low of $72.99 and a 52 week high of $89.56.

TCW Transform 500 ETF Dividend Announcement

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

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.