Albion Financial Group UT Acquires 2,243 Shares of TCW Transform Systems ETF (BATS:NETZ)

Albion Financial Group UT boosted its position in TCW Transform Systems ETF (BATS:NETZ) by 6.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 36,181 shares of the company’s stock after acquiring an additional 2,243 shares during the period. Albion Financial Group UT owned 1.85% of TCW Transform Systems ETF worth $2,476,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Roberts Wealth Advisors LLC bought a new stake in shares of TCW Transform Systems ETF during the first quarter valued at about $306,000. Edge Capital Group LLC purchased a new position in shares of TCW Transform Systems ETF during the fourth quarter worth about $206,000. Orion Portfolio Solutions LLC grew its holdings in shares of TCW Transform Systems ETF by 7.2% during the fourth quarter. Orion Portfolio Solutions LLC now owns 25,814 shares of the company’s stock worth $1,453,000 after purchasing an additional 1,734 shares in the last quarter. Bellevue Asset Management LLC purchased a new position in shares of TCW Transform Systems ETF during the fourth quarter worth about $1,086,000. Finally, Portside Wealth Group LLC grew its holdings in shares of TCW Transform Systems ETF by 6.5% during the fourth quarter. Portside Wealth Group LLC now owns 9,280 shares of the company’s stock worth $527,000 after purchasing an additional 563 shares in the last quarter.

TCW Transform Systems ETF Stock Performance

NETZ traded up $1.07 during midday trading on Wednesday, hitting $69.76. The stock had a trading volume of 2,166 shares. The company’s 50-day moving average is $69.54 and its two-hundred day moving average is $64.69. The stock has a market capitalization of $124.17 million, a P/E ratio of 25.16 and a beta of 0.92.

TCW Transform Systems ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 26th. Investors of record on Monday, June 24th were paid a dividend of $0.1875 per share. This is a boost from TCW Transform Systems ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, June 24th.

TCW Transform Systems ETF Company Profile

The Engine No. 1 Transform Climate ETF (NETZ) is an exchange-traded fund. The ETF currently has 95.44m in AUM and 25 holdings. NETZ is an actively managed portfolio of US equities that are considered to be driving and benefiting from the energy transformation NETZ was launched on Feb 2, 2022 and is managed by Engine No.