Mesirow Financial Investment Management Inc. Buys 45,560 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Mesirow Financial Investment Management Inc. raised its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 27.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 212,638 shares of the company’s stock after purchasing an additional 45,560 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $9,477,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Sachetta LLC increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 1.2% in the third quarter. Sachetta LLC now owns 20,480 shares of the company’s stock worth $913,000 after buying an additional 240 shares during the period. Bank of Montreal Can grew its holdings 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 worth $232,000 after acquiring an additional 256 shares during the last quarter. PFG Investments LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 2.6% in the 3rd quarter. PFG Investments LLC now owns 10,579 shares of the company’s stock worth $472,000 after acquiring an additional 268 shares during the last quarter. Asset Allocation Strategies LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% during the second quarter. Asset Allocation Strategies LLC now owns 5,826 shares of the company’s stock worth $248,000 after purchasing an additional 286 shares during the period. Finally, Semus Wealth Partners LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 0.9% in the second quarter. Semus Wealth Partners LLC now owns 33,490 shares of the company’s stock worth $1,425,000 after purchasing an additional 290 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of NYSEARCA:DIVO opened at $46.68 on Thursday. The stock’s 50-day moving average is $45.89 and its 200 day moving average is $44.95. The company has a market cap of $6.34 billion, a PE 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 will be paid on Friday, February 27th. Investors of record on Thursday, February 26th will be issued 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Thursday, February 26th.

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.