Mesirow Financial Investment Management Inc. Increases Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Mesirow Financial Investment Management Inc. grew its position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 27.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 212,638 shares of the company’s stock after purchasing an additional 45,560 shares during the period. Mesirow Financial Investment Management Inc. owned about 0.18% of Amplify CWP Enhanced Dividend Income ETF worth $9,477,000 at the end of the most recent reporting period.

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

Amplify CWP Enhanced Dividend Income ETF Stock Performance

Shares of Amplify CWP Enhanced Dividend Income ETF stock opened at $46.68 on Thursday. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $36.20 and a 52-week high of $47.30. The company has a fifty day moving average of $45.89 and a 200-day moving average of $44.95. The stock has a market capitalization of $6.34 billion, a price-to-earnings ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 26th will be paid a dividend of $0.1863 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. This is an increase from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Thursday, February 26th.

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.