Wealthcare Advisory Partners LLC Raises Stock Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Wealthcare Advisory Partners LLC increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 41.5% in the third quarter, Holdings Channel reports. The firm owned 108,814 shares of the company’s stock after acquiring an additional 31,928 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $4,850,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the second quarter worth about $49,000. Simplex Trading LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 934.6% in the 2nd quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after acquiring an additional 1,215 shares during the period. Geneos Wealth Management Inc. grew its position in Amplify CWP Enhanced Dividend Income ETF by 127.8% in the third quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock valued at $61,000 after acquiring an additional 772 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at approximately $63,000. Finally, AE Wealth Management LLC raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 15.3% during the third quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock valued at $121,000 after purchasing an additional 358 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Trading Up 0.1%

NYSEARCA DIVO opened at $46.62 on Wednesday. The stock has a market cap of $6.33 billion, a P/E ratio of 22.46 and a beta of 0.72. The company’s fifty day simple moving average is $45.76 and its 200-day simple moving average is $44.80. 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 Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Thursday, January 29th were paid a dividend of $0.1826 per share. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.