Amplify CWP Enhanced Dividend Income ETF $DIVO Stake Raised by Private Advisor Group LLC

Private Advisor Group LLC grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 625,362 shares of the company’s stock after purchasing an additional 31,609 shares during the period. Private Advisor Group LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $27,872,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the second quarter valued at approximately $49,000. Simplex Trading LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 934.6% in the second quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after buying an additional 1,215 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Amplify CWP Enhanced Dividend Income ETF by 127.8% in the third quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock worth $61,000 after buying an additional 772 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at $63,000. Finally, AE Wealth Management LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 15.3% during the 3rd quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock valued at $121,000 after acquiring an additional 358 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Up 0.2%

DIVO opened at $45.95 on Tuesday. The firm has a market cap of $6.24 billion, a PE ratio of 22.46 and a beta of 0.72. The business has a fifty day simple moving average of $45.97 and a 200-day simple moving average of $45.14. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $36.20 and a fifty-two week high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a $0.1863 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 4.9%. This is an increase from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18.

Amplify CWP Enhanced Dividend Income ETF Company Profile

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.