Amplify CWP Enhanced Dividend Income ETF $DIVO Position Trimmed by Victory Financial Group LLC

Victory Financial Group LLC trimmed its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 29.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 102,012 shares of the company’s stock after selling 42,149 shares during the period. Victory Financial Group LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $4,540,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Royal Fund Management LLC acquired a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter valued at about $237,000. Alpine Bank Wealth Management raised its stake in Amplify CWP Enhanced Dividend Income ETF by 2.9% during the fourth quarter. Alpine Bank Wealth Management now owns 20,222 shares of the company’s stock worth $900,000 after acquiring an additional 565 shares during the period. Signature Wealth Management Group raised its stake in Amplify CWP Enhanced Dividend Income ETF by 0.4% during the fourth quarter. Signature Wealth Management Group now owns 106,133 shares of the company’s stock worth $4,723,000 after acquiring an additional 400 shares during the period. Jaffetilchin Investment Partners LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF by 1.0% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 109,039 shares of the company’s stock worth $4,852,000 after acquiring an additional 1,069 shares during the last quarter. Finally, ORG Wealth Partners LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF by 19.2% in the fourth quarter. ORG Wealth Partners LLC now owns 44,934 shares of the company’s stock worth $2,000,000 after acquiring an additional 7,246 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Up 1.9%

Shares of DIVO stock opened at $44.85 on Wednesday. The company has a market cap of $6.09 billion, a P/E ratio of 22.46 and a beta of 0.72. The business has a 50 day moving average of $45.90 and a two-hundred day moving average of $45.29. 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 Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a $0.1863 dividend. This is a positive change from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Thursday, February 26th. This represents a c) annualized dividend and a dividend yield of 5.0%.

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.