Arete Wealth Advisors LLC Takes $2.23 Million Position in TCW Transform Systems ETF $PWRD

Arete Wealth Advisors LLC purchased a new position in TCW Transform Systems ETF (NASDAQ:PWRD) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,853 shares of the technology company’s stock, valued at approximately $2,231,000. Arete Wealth Advisors LLC owned 0.18% of TCW Transform Systems ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. WealthTrust Asset Management LLC grew its position in TCW Transform Systems ETF by 5.4% in the 1st quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock valued at $231,000 after acquiring an additional 122 shares during the last quarter. Trademark Financial Management LLC lifted its position in shares of TCW Transform Systems ETF by 2.1% during the first quarter. Trademark Financial Management LLC now owns 8,478 shares of the technology company’s stock worth $829,000 after purchasing an additional 172 shares during the last quarter. &PARTNERS boosted its stake in shares of TCW Transform Systems ETF by 3.7% during the fourth quarter. &PARTNERS now owns 4,943 shares of the technology company’s stock valued at $475,000 after purchasing an additional 175 shares during the period. WJ Wealth Management LLC boosted its stake in shares of TCW Transform Systems ETF by 0.3% during the fourth quarter. WJ Wealth Management LLC now owns 71,101 shares of the technology company’s stock valued at $6,837,000 after purchasing an additional 179 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in shares of TCW Transform Systems ETF by 7.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,707 shares of the technology company’s stock worth $356,000 after purchasing an additional 250 shares during the last quarter. Hedge funds and other institutional investors own 52.75% of the company’s stock.

TCW Transform Systems ETF Trading Up 1.4%

NASDAQ PWRD opened at $107.94 on Friday. The stock has a market cap of $1.44 billion, a PE ratio of 52.91 and a beta of 1.18. TCW Transform Systems ETF has a 12 month low of $89.13 and a 12 month high of $123.23. The company’s 50-day moving average price is $113.64 and its 200-day moving average price is $107.86.

TCW Transform Systems 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 paid a $0.0607 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.24 annualized dividend and a yield of 0.2%. TCW Transform Systems ETF’s dividend payout ratio is 2.94%.

TCW Transform Systems ETF Company Profile

Perfect World Co, Ltd. is a holding company. The Company, through its subsidiaries, develops and operates online games. It operates in two segments: PRC operations and International operations. The PRC operating segment includes PRC online game business. The International operating segment includes United States online game business, Runic Games and Unknown Worlds. Its portfolio of self-developed online games includes massively multiplayer online role playing games (MMORPGs): Perfect World, Legend of Martial Arts, Perfect World II, Zhu Xian, Chi Bi, Pocketpet Journey West, Battle of the Immortals, Fantasy Zhu Xian, Forsaken World, Empire of the Immortals, Return of the Condor Heroes and Legend of the Condor Heroes, among others.