Verdence Capital Advisors LLC Makes New $1.46 Million Investment in Amplify CWP Enhanced Dividend Income ETF $DIVO

Verdence Capital Advisors LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,402 shares of the company’s stock, valued at approximately $1,460,000.

Several other large investors have also recently bought and sold shares of the business. Retirement Planning Group LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at $166,636,000. Envestnet Asset Management Inc. boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,635,616 shares of the company’s stock worth $166,148,000 after purchasing an additional 295,894 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 4.6% during the 1st quarter. Royal Bank of Canada now owns 1,779,901 shares of the company’s stock worth $79,829,000 after purchasing an additional 78,498 shares in the last quarter. MBL Wealth LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 4.3% during the 3rd quarter. MBL Wealth LLC now owns 1,070,072 shares of the company’s stock worth $49,748,000 after purchasing an additional 44,311 shares during the period. Finally, Reliant Wealth Planning grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 4.0% during the 1st quarter. Reliant Wealth Planning now owns 1,058,336 shares of the company’s stock worth $47,466,000 after purchasing an additional 40,616 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Up 0.3%

NYSEARCA:DIVO opened at $47.95 on Thursday. The firm’s fifty day simple moving average is $47.71 and its 200-day simple moving average is $46.49. The stock has a market cap of $8.07 billion, a PE ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $43.90 and a fifty-two week high of $49.03.

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.