Litman Gregory Wealth Management LLC Trims Stock Position in TCW Transform 500 ETF (BATS:VOTE)

Litman Gregory Wealth Management LLC lessened its stake in shares of TCW Transform 500 ETF (BATS:VOTE) by 1.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 187,136 shares of the company’s stock after selling 2,423 shares during the quarter. TCW Transform 500 ETF makes up about 1.0% of Litman Gregory Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest position. Litman Gregory Wealth Management LLC’s holdings in TCW Transform 500 ETF were worth $10,409,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. UBS Group AG raised its position in TCW Transform 500 ETF by 145.1% in the 3rd quarter. UBS Group AG now owns 718 shares of the company’s stock valued at $30,000 after purchasing an additional 425 shares during the last quarter. Morgan Stanley raised its position in TCW Transform 500 ETF by 131.6% in the 4th quarter. Morgan Stanley now owns 1,267 shares of the company’s stock valued at $56,000 after purchasing an additional 720 shares during the last quarter. Advisor Group Holdings Inc. raised its position in TCW Transform 500 ETF by 3,251.4% in the 4th quarter. Advisor Group Holdings Inc. now owns 2,346 shares of the company’s stock valued at $104,000 after purchasing an additional 2,276 shares during the last quarter. Royal Bank of Canada raised its position in TCW Transform 500 ETF by 425.0% in the 1st quarter. Royal Bank of Canada now owns 2,100 shares of the company’s stock valued at $111,000 after purchasing an additional 1,700 shares during the last quarter. Finally, LPL Financial LLC purchased a new stake in TCW Transform 500 ETF in the 4th quarter valued at $208,000.

TCW Transform 500 ETF Trading Down 0.9 %

VOTE stock traded down $0.53 on Friday, hitting $57.88. The company’s stock had a trading volume of 22,986 shares. The firm’s 50-day simple moving average is $59.77 and its 200 day simple moving average is $55.67. The stock has a market capitalization of $573.01 million, a PE ratio of 26.23 and a beta of 1.01.

TCW Transform 500 ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 20th. Shareholders of record on Tuesday, March 19th were paid a $0.1855 dividend. The ex-dividend date of this dividend was Monday, March 18th.

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.