Amplify CWP Enhanced Dividend Income ETF $DIVO Stock Holdings Cut by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lessened its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 27.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 65,938 shares of the company’s stock after selling 25,315 shares during the period. Dynamic Advisor Solutions LLC owned approximately 0.05% of Amplify CWP Enhanced Dividend Income ETF worth $2,934,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Marshall Financial Group LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF by 5.2% during the fourth quarter. Marshall Financial Group LLC now owns 381,480 shares of the company’s stock valued at $16,976,000 after buying an additional 18,688 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Amplify CWP Enhanced Dividend Income ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,743,905 shares of the company’s stock worth $124,439,000 after acquiring an additional 19,248 shares during the period. NorthCrest Asset Manangement LLC raised its position in Amplify CWP Enhanced Dividend Income ETF by 182.9% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 12,842 shares of the company’s stock worth $580,000 after acquiring an additional 8,303 shares in the last quarter. Lake Street Private Wealth LLC lifted its holdings in 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. Finally, Magnus Financial Group LLC lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 4.0% during the fourth quarter. Magnus Financial Group LLC now owns 175,381 shares of the company’s stock valued at $7,804,000 after purchasing an additional 6,804 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Trading Up 1.1%

DIVO stock opened at $44.81 on Tuesday. The firm has a 50-day moving average of $46.00 and a two-hundred day moving average of $45.25. The firm has a market capitalization of $6.09 billion, a PE ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid 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 of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a yield of 5.0%.

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.