Sagespring Wealth Partners LLC Purchases 26,708 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Sagespring Wealth Partners LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 10.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 282,291 shares of the company’s stock after acquiring an additional 26,708 shares during the quarter. Sagespring Wealth Partners LLC owned approximately 0.22% of Amplify CWP Enhanced Dividend Income ETF worth $12,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DIVO. Geneos Wealth Management Inc. increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 127.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock worth $61,000 after purchasing an additional 772 shares in the last quarter. Root Financial Partners LLC bought a new position in Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at about $63,000. AE Wealth Management LLC boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 15.3% during the third quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock valued at $121,000 after purchasing an additional 358 shares in the last quarter. CoreCap Advisors LLC grew its holdings in shares of 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 worth $149,000 after purchasing an additional 468 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 12.4% during the third quarter. Dynamic Wealth Strategies LLC now owns 4,200 shares of the company’s stock worth $187,000 after purchasing an additional 464 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Amplify CWP Enhanced Dividend Income ETF stock opened at $44.34 on Friday. The business has a 50 day moving average of $46.01 and a 200-day moving average of $45.22. The company has a market capitalization of $6.02 billion, a P/E ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $36.20 and a 1 year high of $47.30.

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 issued a dividend of $0.1863 per share. This represents a c) dividend on an annualized basis and a 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.