Amplify CWP Enhanced Dividend Income ETF $DIVO Stock Acquired by MBL Wealth LLC

MBL Wealth LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 4.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,070,072 shares of the company’s stock after buying an additional 44,311 shares during the period. Amplify CWP Enhanced Dividend Income ETF makes up approximately 3.0% of MBL Wealth LLC’s portfolio, making the stock its 5th largest position. MBL Wealth LLC owned about 0.64% of Amplify CWP Enhanced Dividend Income ETF worth $49,748,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Lake Street Private Wealth LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF by 13.1% in the third quarter. Lake Street Private Wealth LLC now owns 17,348 shares of the company’s stock valued at $807,000 after acquiring an additional 2,011 shares during the last quarter. Royal Fund Management LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 25.8% in the third quarter. Royal Fund Management LLC now owns 8,986 shares of the company’s stock worth $418,000 after acquiring an additional 1,843 shares during the period. Brookstone Capital Management purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the third quarter worth approximately $4,469,000. NBT Bank N.A. purchased a new position in Amplify CWP Enhanced Dividend Income ETF in the third quarter worth approximately $1,040,000. Finally, Magnus Financial Group LLC increased its stake in Amplify CWP Enhanced Dividend Income ETF by 7.7% during the third quarter. Magnus Financial Group LLC now owns 201,152 shares of the company’s stock worth $9,352,000 after acquiring an additional 14,406 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.4%

DIVO stock opened at $48.00 on Friday. The business has a fifty day moving average of $47.76 and a two-hundred day moving average of $46.75. The stock has a market cap of $8.15 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $43.90 and a 52-week high of $49.03.

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.