Cassady Wealth & Retirement Planning LLC Has $3.16 Million Position in TCW Transform Systems ETF $PWRD

Cassady Wealth & Retirement Planning LLC boosted its holdings in TCW Transform Systems ETF (NASDAQ:PWRD) by 34.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,335 shares of the technology company’s stock after acquiring an additional 8,270 shares during the quarter. TCW Transform Systems ETF accounts for about 1.5% of Cassady Wealth & Retirement Planning LLC’s investment portfolio, making the stock its 21st biggest position. Cassady Wealth & Retirement Planning LLC owned about 0.25% of TCW Transform Systems ETF worth $3,161,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Key Capital Management INC bought a new position in TCW Transform Systems ETF during the fourth quarter worth about $30,000. Triumph Capital Management acquired a new position in shares of TCW Transform Systems ETF in the 3rd quarter worth approximately $77,000. Fifth Third Bancorp acquired a new position in shares of TCW Transform Systems ETF in the 1st quarter worth approximately $79,000. Osaic Holdings Inc. bought a new position in shares of TCW Transform Systems ETF during the 2nd quarter worth approximately $112,000. Finally, WealthTrust Asset Management LLC lifted its position in shares of TCW Transform Systems ETF by 5.4% during the 1st quarter. WealthTrust Asset Management LLC now owns 2,361 shares of the technology company’s stock worth $231,000 after buying an additional 122 shares during the period. Institutional investors and hedge funds own 52.75% of the company’s stock.

TCW Transform Systems ETF Price Performance

Shares of NASDAQ:PWRD opened at $101.49 on Thursday. The business’s fifty day moving average price is $113.79 and its two-hundred day moving average price is $107.79. TCW Transform Systems ETF has a fifty-two week low of $89.13 and a fifty-two week high of $123.23. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of 49.75 and a beta of 1.18.

TCW Transform Systems ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Tuesday, June 23rd were paid a $0.0607 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Tuesday, June 23rd. TCW Transform Systems ETF’s payout ratio is currently 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.