Leo Wealth LLC Invests $5.20 Million in Amplify CWP Enhanced Dividend Income ETF $DIVO

Leo Wealth LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 116,744 shares of the company’s stock, valued at approximately $5,202,000. Leo Wealth LLC owned 0.09% of Amplify CWP Enhanced Dividend Income ETF at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in DIVO. CWM LLC grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 25.9% during the third quarter. CWM LLC now owns 529,080 shares of the company’s stock valued at $23,581,000 after buying an additional 108,676 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 107.6% in the third quarter. Farther Finance Advisors LLC now owns 37,248 shares of the company’s stock worth $1,660,000 after buying an additional 19,302 shares during the period. Alpine Bank Wealth Management lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 613.0% during the 3rd quarter. Alpine Bank Wealth Management now owns 19,657 shares of the company’s stock worth $876,000 after acquiring an additional 16,900 shares during the last quarter. Clear Trail Advisors LLC bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter worth approximately $16,392,000. Finally, Cary Street Partners Financial LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 7.1% during the 3rd quarter. Cary Street Partners Financial LLC now owns 363,589 shares of the company’s stock valued at $16,205,000 after acquiring an additional 23,952 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of Amplify CWP Enhanced Dividend Income ETF stock opened at $45.00 on Monday. The stock’s fifty day moving average is $45.87 and its two-hundred day moving average is $45.31. The company has a market capitalization of $6.63 billion, a PE ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 52 week low of $36.20 and a 52 week high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a dividend of $0.1863 per share. This is an increase from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend 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.