Regal Investment Advisors LLC Raises Stock Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Regal Investment Advisors LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 18.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 175,146 shares of the company’s stock after acquiring an additional 27,577 shares during the period. Regal Investment Advisors LLC owned approximately 0.14% of Amplify CWP Enhanced Dividend Income ETF worth $7,806,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Simplex Trading LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 934.6% during the 2nd quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock valued at $57,000 after purchasing an additional 1,215 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of 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 in the last quarter. Root Financial Partners LLC purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the third quarter worth $63,000. AE Wealth Management LLC raised its position in shares of Amplify CWP Enhanced Dividend Income ETF by 15.3% in the third quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock worth $121,000 after buying an additional 358 shares in the last quarter. Finally, CoreCap Advisors LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 16.3% during the third quarter. CoreCap Advisors LLC now owns 3,334 shares of the company’s stock valued at $149,000 after buying an additional 468 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.5%

Amplify CWP Enhanced Dividend Income ETF stock opened at $45.19 on Friday. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 22.46 and a beta of 0.72. The business has a 50-day simple moving average of $46.04 and a 200 day simple moving average of $45.17. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $36.20 and a 52 week high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

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

Amplify CWP Enhanced Dividend Income ETF 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.