Clear Trail Advisors LLC Buys New Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Clear Trail Advisors LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 368,367 shares of the company’s stock, valued at approximately $16,392,000. Amplify CWP Enhanced Dividend Income ETF makes up 3.8% of Clear Trail Advisors LLC’s portfolio, making the stock its 8th biggest position. Clear Trail Advisors LLC owned approximately 0.28% of Amplify CWP Enhanced Dividend Income ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIVO. Baron Financial Group LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.4% during the fourth quarter. Baron Financial Group LLC now owns 102,999 shares of the company’s stock worth $4,583,000 after purchasing an additional 1,470 shares during the last quarter. Marshall Financial Group LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 5.2% in the 4th 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 during the last quarter. Wealth Enhancement Advisory Services LLC lifted 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 buying an additional 19,248 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 182.9% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 12,842 shares of the company’s stock worth $580,000 after buying an additional 8,303 shares in the last quarter. Finally, Lake Street Private Wealth LLC boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 23.5% during the 4th quarter. Lake Street Private Wealth LLC now owns 12,204 shares of the company’s stock worth $543,000 after buying an additional 2,325 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

DIVO opened at $44.81 on Tuesday. The business’s 50-day simple moving average is $46.00 and its 200 day simple moving average is $45.25. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $36.20 and a 52-week high of $47.30. 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 Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a dividend of $0.1863 per share. 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. This is a boost from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18.

Amplify CWP Enhanced Dividend Income ETF Company 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.