Security National Bank Acquires New Stake in Amplify CWP Enhanced Dividend Income ETF $DIVO

Security National Bank bought a new position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 165,499 shares of the company’s stock, valued at approximately $7,376,000. Amplify CWP Enhanced Dividend Income ETF accounts for 1.1% of Security National Bank’s investment portfolio, making the stock its 24th largest holding.

Other institutional investors also recently modified their holdings of the company. TBH Global Asset Management LLC grew its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 10.4% during the third quarter. TBH Global Asset Management LLC now owns 140,398 shares of the company’s stock worth $5,903,000 after buying an additional 13,262 shares in the last quarter. Optivise Advisory Services LLC acquired a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at approximately $204,000. Sowell Financial Services LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 8.8% in the third quarter. Sowell Financial Services LLC now owns 5,752 shares of the company’s stock worth $256,000 after purchasing an additional 464 shares in the last quarter. HBW Advisory Services LLC bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the third quarter worth $838,000. Finally, MBL Wealth LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 2.2% during the third quarter. MBL Wealth LLC now owns 917,279 shares of the company’s stock worth $40,883,000 after purchasing an additional 19,524 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Trading Down 2.3%

Shares of DIVO stock opened at $44.83 on Wednesday. The firm’s fifty day moving average price is $45.24 and its two-hundred day moving average price is $44.00. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $36.20 and a 1 year high of $46.23. The firm has a market capitalization of $5.42 billion, a P/E ratio of 22.46 and a beta of 0.72.

About Amplify CWP Enhanced Dividend Income ETF

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.