MBL Wealth LLC Boosts Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

MBL Wealth LLC boosted its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 2.2% during the third quarter, Holdings Channel.com reports. The firm owned 917,279 shares of the company’s stock after buying an additional 19,524 shares during the period. Amplify CWP Enhanced Dividend Income ETF accounts for about 3.6% of MBL Wealth LLC’s portfolio, making the stock its 5th largest position. MBL Wealth LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $40,883,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in DIVO. Barnes Pettey Financial Advisors LLC grew its holdings 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 worth $5,126,000 after purchasing an additional 8,237 shares during the last quarter. Global Retirement Partners LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth $493,000. Avantax Advisory Services Inc. increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 4.3% in the second quarter. Avantax Advisory Services Inc. now owns 78,092 shares of the company’s stock valued at $3,323,000 after acquiring an additional 3,241 shares during the period. Victory Financial Group LLC raised its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 19.9% during the second quarter. Victory Financial Group LLC now owns 138,402 shares of the company’s stock valued at $5,889,000 after acquiring an additional 22,947 shares during the last quarter. Finally, Simplex Trading LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 934.6% during the second quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after purchasing an additional 1,215 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Price Performance

NYSEARCA DIVO opened at $46.14 on Friday. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $36.20 and a 1 year high of $46.23. The stock has a market capitalization of $5.58 billion, a PE ratio of 22.46 and a beta of 0.72. The business’s 50-day moving average is $45.18 and its 200 day moving average is $43.89.

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.