TBH Global Asset Management LLC Reduces Stock Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

TBH Global Asset Management LLC trimmed its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 13.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 127,136 shares of the company’s stock after selling 20,009 shares during the period. Amplify CWP Enhanced Dividend Income ETF accounts for approximately 0.6% of TBH Global Asset Management LLC’s holdings, making the stock its 16th largest holding. TBH Global Asset Management LLC owned approximately 0.12% of Amplify CWP Enhanced Dividend Income ETF worth $5,061,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in DIVO. Rothschild Investment LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 20.8% in the 1st quarter. Rothschild Investment LLC now owns 14,515 shares of the company’s stock worth $592,000 after buying an additional 2,502 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 8.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,611,072 shares of the company’s stock valued at $65,683,000 after purchasing an additional 119,537 shares in the last quarter. NBT Bank N A NY lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 2.1% in the 1st quarter. NBT Bank N A NY now owns 21,116 shares of the company’s stock valued at $861,000 after purchasing an additional 425 shares in the last quarter. Kingswood Wealth Advisors LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 27.2% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 20,985 shares of the company’s stock valued at $856,000 after purchasing an additional 4,482 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 1st quarter valued at about $1,653,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

NYSEARCA DIVO opened at $44.63 on Friday. The firm has a market capitalization of $4.92 billion, a P/E ratio of 22.46 and a beta of 0.77. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $36.20 and a 1-year high of $44.69. The business’s 50-day simple moving average is $43.47 and its 200-day simple moving average is $41.79.

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.