Foguth Wealth Management LLC. Takes $5.30 Million Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Foguth Wealth Management LLC. purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 118,582 shares of the company’s stock, valued at approximately $5,301,000. Foguth Wealth Management LLC. owned approximately 0.09% of Amplify CWP Enhanced Dividend Income ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can boosted its position in Amplify CWP Enhanced Dividend Income ETF by 4.9% in the 2nd quarter. Bank of Montreal Can now owns 5,454 shares of the company’s stock valued at $232,000 after buying an additional 256 shares during the last quarter. Creative Planning purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the second quarter worth about $438,000. Avantax Advisory Services Inc. increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 4.3% during the second quarter. Avantax Advisory Services Inc. now owns 78,092 shares of the company’s stock worth $3,323,000 after acquiring an additional 3,241 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 11.2% in the second quarter. Rockefeller Capital Management L.P. now owns 81,354 shares of the company’s stock worth $3,462,000 after acquiring an additional 8,165 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 18.6% in the second quarter. JPMorgan Chase & Co. now owns 39,062 shares of the company’s stock worth $1,662,000 after acquiring an additional 6,132 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO opened at $44.67 on Friday. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $47.30. The stock has a 50-day moving average price of $46.03 and a 200 day moving average price of $45.21. The company has a market capitalization of $6.07 billion, a P/E ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a $0.1863 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Thursday, February 26th. This is a positive change 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.