Vestmark Advisory Solutions Inc. Purchases Shares of 113,989 Amplify CWP Enhanced Dividend Income ETF $DIVO

Vestmark Advisory Solutions Inc. bought a new stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 113,989 shares of the company’s stock, valued at approximately $5,080,000.

Several other large investors have also recently made changes to their positions in the company. D.A. Davidson & CO. acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the second quarter valued at approximately $369,000. Wealthfront Advisers LLC grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 20.7% in the 2nd quarter. Wealthfront Advisers LLC now owns 18,417 shares of the company’s stock worth $784,000 after acquiring an additional 3,160 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 56.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,092,562 shares of the company’s stock worth $89,038,000 after buying an additional 754,179 shares in the last quarter. Northwest Financial Advisors raised its position in shares of Amplify CWP Enhanced Dividend Income ETF by 11.7% in the second quarter. Northwest Financial Advisors now owns 44,045 shares of the company’s stock valued at $1,874,000 after buying an additional 4,618 shares during the last quarter. Finally, World Investment Advisors raised its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.3% in the second quarter. World Investment Advisors now owns 27,319 shares of the company’s stock valued at $1,162,000 after buying an additional 363 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Amplify CWP Enhanced Dividend Income ETF stock opened at $46.92 on Monday. Amplify CWP Enhanced Dividend Income ETF has a one year low of $36.20 and a one year high of $47.30. The stock’s 50 day moving average price is $45.83 and its 200 day moving average price is $44.89. The firm has a market capitalization of $6.37 billion, a PE ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a $0.1826 dividend. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a 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.