Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 625,362 shares of the company’s stock after acquiring an additional 31,609 shares during the quarter. Private Advisor Group LLC owned 0.52% of Amplify CWP Enhanced Dividend Income ETF worth $27,872,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Jefferies Financial Group Inc. grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 61.1% in the third quarter. Jefferies Financial Group Inc. now owns 50,072 shares of the company’s stock worth $2,232,000 after purchasing an additional 18,997 shares in the last quarter. Blair William & Co. IL grew its position in Amplify CWP Enhanced Dividend Income ETF by 19.6% in the 3rd quarter. Blair William & Co. IL now owns 84,295 shares of the company’s stock valued at $3,757,000 after buying an additional 13,790 shares in the last quarter. Smith Moore & CO. increased its stake in Amplify CWP Enhanced Dividend Income ETF by 3.7% during the 3rd quarter. Smith Moore & CO. now owns 45,821 shares of the company’s stock valued at $2,042,000 after buying an additional 1,654 shares during the period. Orion Porfolio Solutions LLC raised its position in shares of Amplify CWP Enhanced Dividend Income ETF by 3.2% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 8,124 shares of the company’s stock worth $362,000 after buying an additional 253 shares in the last quarter. Finally, Reyes Financial Architecture Inc. raised its position in shares of Amplify CWP Enhanced Dividend Income ETF by 17.6% during the 3rd quarter. Reyes Financial Architecture Inc. now owns 24,202 shares of the company’s stock worth $1,079,000 after buying an additional 3,615 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Amplify CWP Enhanced Dividend Income ETF stock opened at $45.95 on Tuesday. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $36.20 and a 12-month high of $47.30. The stock has a market capitalization of $6.24 billion, a PE ratio of 22.46 and a beta of 0.72. The firm has a 50 day simple moving average of $45.97 and a 200-day simple moving average of $45.14.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given 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. The ex-dividend date was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 4.9%.

About Amplify CWP Enhanced Dividend Income ETF

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.