checkAd

     113  0 Kommentare TCW to Change Listing Exchange of ETFs to NYSE

    The TCW Group, a leading global asset management firm, today announced that, effective May 30, 2024, the listing exchange for shares of each of the following series (each, an “ETF” and, collectively, the “ETFs”) of TCW ETF Trust (the “Trust”) will be changed from each ETF’s current listing exchange, as indicated below, to the floor of the New York Stock Exchange LLC (“NYSE”):

    ETF

    Ticker

    Current Exchange

    TCW Transform 500 ETF

    VOTE

    Cboe BZX Exchange, Inc.

    TCW Transform Systems ETF

    NETZ

    Cboe BZX Exchange, Inc.

    TCW Transform Supply Chain ETF

    SUPP

    Cboe BZX Exchange, Inc.

    TCW Artificial Intelligence ETF

    AIFD

    NYSE Arca, Inc.

    TCW Compounders ETF

    GRW

    NYSE Arca, Inc.

    TCW offers the TCW Transform 500 ETF, which holds stocks of the 500 largest U.S. publicly traded companies. By actively voting and directly engaging such companies on material issues, VOTE seeks to drive long-term value. The other ETFs are actively managed and aim to invest in companies focused on capturing the value presented by rapidly developing cross-sector thematic opportunities such as the reshoring of supply chains, the energy transition, or artificial intelligence, as applicable.

    TCW is committed to strengthening the execution experience for its clients and investors when trading in shares of each of the ETFs. By listing on the NYSE, the ETFs will have access to best-in-class trading technology and human oversight. Additionally, listing on the NYSE floor has the potential to enhance the ETFs’ market quality as marked by tighter spreads, larger quoted size trades and additional liquidity.

    The ETFs will begin trading on the NYSE as of the open of trading on May 30, 2024.

    Shareholders of each of the ETFs are not anticipated to be impacted or need to take any action in connection with the change in listing exchange. The ticker of each ETF will remain the same.

    About The TCW Group
    TCW is a leading global asset management firm with a broad range of products across fixed income, alternative investments, equities, and emerging markets. With over half a century of investment experience, TCW today manages approximately $200 billion in client assets. Through its ETF suite, MetWest Funds and TCW Funds, TCW manages one of the largest fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. For more information, please visit www.tcw.com.

    Seite 1 von 7



    Business Wire (engl.)
    0 Follower
    Autor folgen

    Weitere Artikel des Autors

    TCW to Change Listing Exchange of ETFs to NYSE The TCW Group, a leading global asset management firm, today announced that, effective May 30, 2024, the listing exchange for shares of each of the following series (each, an “ETF” and, collectively, the “ETFs”) of TCW ETF Trust (the “Trust”) will …