Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Purchased by Marshall Financial Group LLC

Marshall Financial Group LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 5.2% in the fourth quarter, Holdings Channel reports. The fund owned 381,480 shares of the company’s stock after purchasing an additional 18,688 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF accounts for approximately 3.3% of Marshall Financial Group LLC’s investment portfolio, making the stock its 4th largest holding. Marshall Financial Group LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $16,976,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its position in Amplify CWP Enhanced Dividend Income ETF by 0.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,743,905 shares of the company’s stock worth $124,439,000 after purchasing an additional 19,248 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 182.9% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 12,842 shares of the company’s stock valued at $580,000 after acquiring an additional 8,303 shares during the last quarter. Lake Street Private Wealth LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 23.5% in the 4th quarter. Lake Street Private Wealth LLC now owns 12,204 shares of the company’s stock valued at $543,000 after acquiring an additional 2,325 shares during the last quarter. Magnus Financial Group LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 4.0% during the 4th quarter. Magnus Financial Group LLC now owns 175,381 shares of the company’s stock valued at $7,804,000 after acquiring an additional 6,804 shares in the last quarter. Finally, Sagespring Wealth Partners LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 10.4% during the 4th quarter. Sagespring Wealth Partners LLC now owns 282,291 shares of the company’s stock valued at $12,562,000 after acquiring an additional 26,708 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.7%

Shares of DIVO opened at $44.34 on Monday. The stock has a market cap of $6.02 billion, a PE ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $36.20 and a 12-month high of $47.30. The business has a 50-day simple moving average of $46.01 and a two-hundred day simple moving average of $45.24.

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 issued a dividend of $0.1863 per share. This represents a c) annualized dividend and a dividend yield of 5.0%. This is an increase 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.