Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Acquired by NBZ Investment Advisors LLC

NBZ Investment Advisors LLC boosted its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 2.3% in the third quarter, HoldingsChannel reports. The firm owned 474,576 shares of the company’s stock after purchasing an additional 10,843 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF accounts for about 11.0% of NBZ Investment Advisors LLC’s holdings, making the stock its 2nd largest holding. NBZ Investment Advisors LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $21,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. CWM LLC grew its stake in Amplify CWP Enhanced Dividend Income ETF by 25.9% in the 3rd 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 boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 107.6% during the third quarter. Farther Finance Advisors LLC now owns 37,248 shares of the company’s stock worth $1,660,000 after acquiring an additional 19,302 shares during the period. Barnes Pettey Financial Advisors LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 7.3% in the second quarter. Barnes Pettey Financial Advisors LLC now owns 120,467 shares of the company’s stock valued at $5,126,000 after purchasing an additional 8,237 shares during the last quarter. Alpine Bank Wealth Management increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 613.0% during the third quarter. Alpine Bank Wealth Management now owns 19,657 shares of the company’s stock worth $876,000 after purchasing an additional 16,900 shares during the period. Finally, Global Retirement Partners LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter worth approximately $493,000.

Amplify CWP Enhanced Dividend Income ETF Price Performance

DIVO opened at $46.72 on Tuesday. The business has a fifty day simple moving average of $45.95 and a 200 day simple moving average of $45.03. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $36.20 and a 1 year high of $47.30. The company has a market capitalization of $6.35 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. Stockholders of record on Thursday, February 26th were given a $0.1863 dividend. 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. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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.