Leo Wealth LLC Buys Shares of 116,744 Amplify CWP Enhanced Dividend Income ETF $DIVO

Leo Wealth LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the fourth quarter, Holdings Channel.com reports. The firm purchased 116,744 shares of the company’s stock, valued at approximately $5,202,000.

Several other large investors have also recently made changes to their positions in DIVO. Savvy Advisors Inc. bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter valued at about $2,445,000. Stratos Wealth Partners LTD. raised its holdings in Amplify CWP Enhanced Dividend Income ETF by 89.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 94,058 shares of the company’s stock worth $4,186,000 after purchasing an additional 44,372 shares in the last quarter. Stratos Wealth Advisors LLC raised its holdings in Amplify CWP Enhanced Dividend Income ETF by 17.4% in the fourth quarter. Stratos Wealth Advisors LLC now owns 11,281 shares of the company’s stock worth $502,000 after purchasing an additional 1,669 shares in the last quarter. Stratos Investment Management LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 5.7% during the fourth quarter. Stratos Investment Management LLC now owns 694,676 shares of the company’s stock valued at $30,913,000 after buying an additional 37,324 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the fourth quarter valued at about $90,000.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

NYSEARCA:DIVO opened at $45.00 on Monday. The company’s 50-day simple moving average is $45.87 and its 200-day simple moving average is $45.31. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $36.20 and a fifty-two week high of $47.30. The stock has a market capitalization of $6.63 billion, a P/E ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a $0.1863 dividend. This represents a c) annualized dividend and a yield of 5.0%. This is a positive change from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18. The ex-dividend date was Thursday, February 26th.

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.