Stratos Wealth Partners LTD. Grows Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Stratos Wealth Partners LTD. increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 89.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 94,058 shares of the company’s stock after purchasing an additional 44,372 shares during the period. Stratos Wealth Partners LTD. owned 0.07% of Amplify CWP Enhanced Dividend Income ETF worth $4,186,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Sachetta LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 1.2% during the 3rd quarter. Sachetta LLC now owns 20,480 shares of the company’s stock worth $913,000 after buying an additional 240 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 3.2% in the third quarter. Orion Porfolio Solutions LLC now owns 8,124 shares of the company’s stock worth $362,000 after acquiring an additional 253 shares during the last quarter. PFG Investments LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 2.6% during the third quarter. PFG Investments LLC now owns 10,579 shares of the company’s stock worth $472,000 after purchasing an additional 268 shares in the last quarter. Asset Allocation Strategies LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 5.2% during the second quarter. Asset Allocation Strategies LLC now owns 5,826 shares of the company’s stock worth $248,000 after purchasing an additional 286 shares in the last quarter. Finally, Uniting Wealth Partners LLC raised its stake in Amplify CWP Enhanced Dividend Income ETF by 2.2% in the 3rd quarter. Uniting Wealth Partners LLC now owns 14,556 shares of the company’s stock valued at $649,000 after purchasing an additional 316 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of DIVO 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 firm has a market capitalization of $6.63 billion, a P/E ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $36.20 and a fifty-two week 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. Stockholders of record on Thursday, February 26th were given a $0.1863 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. This is a positive change 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.