BNB Wealth Management LLC Buys New Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

BNB Wealth Management LLC purchased a new position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 50,446 shares of the company’s stock, valued at approximately $2,245,000. Amplify CWP Enhanced Dividend Income ETF makes up 1.4% of BNB Wealth Management LLC’s holdings, making the stock its 25th largest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Financial Designs Corp increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 4.5% in the 4th quarter. Financial Designs Corp now owns 302,840 shares of the company’s stock worth $13,476,000 after buying an additional 12,906 shares during the period. Capital Investment Advisory Services LLC increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 6.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 231,938 shares of the company’s stock worth $10,321,000 after buying an additional 14,738 shares during the period. Leo Wealth LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the 4th quarter worth approximately $5,202,000. Stillwater Wealth Management Group acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter worth approximately $3,427,000. Finally, Vestmark Advisory Solutions Inc. acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter worth approximately $5,080,000.

Amplify CWP Enhanced Dividend Income ETF Trading Down 1.2%

Shares of NYSEARCA:DIVO opened at $46.18 on Thursday. Amplify CWP Enhanced Dividend Income ETF has a twelve month low of $41.37 and a twelve month high of $47.30. The company’s 50 day moving average is $45.83 and its 200 day moving average is $45.73. The company has a market cap of $7.02 billion, a PE ratio of 22.46 and a beta of 0.65.

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.