Amplify CWP Enhanced Dividend Income ETF $DIVO Shares Bought by Good Steward Wealth Advisors LLC

Good Steward Wealth Advisors LLC lifted its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 81.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 115,227 shares of the company’s stock after purchasing an additional 51,754 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF accounts for approximately 3.5% of Good Steward Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Good Steward Wealth Advisors LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $5,136,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in DIVO. Parkside Financial Bank & Trust bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter valued at $49,000. Simplex Trading LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF by 934.6% during the second quarter. Simplex Trading LLC now owns 1,345 shares of the company’s stock worth $57,000 after purchasing an additional 1,215 shares during the period. Geneos Wealth Management Inc. grew its stake in Amplify CWP Enhanced Dividend Income ETF by 127.8% during the third quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock worth $61,000 after buying an additional 772 shares in the last quarter. Root Financial Partners LLC acquired a new stake in Amplify CWP Enhanced Dividend Income ETF during the third quarter worth about $63,000. Finally, AE Wealth Management LLC increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 15.3% in the 3rd quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock valued at $121,000 after buying an additional 358 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Trading Down 1.0%

Shares of NYSEARCA:DIVO opened at $46.54 on Friday. The firm has a 50 day moving average of $45.68 and a 200-day moving average of $44.70. Amplify CWP Enhanced Dividend Income ETF has a 12 month low of $36.20 and a 12 month high of $47.30. The stock has a market capitalization of $6.32 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 announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were paid a dividend of $0.1826 per share. The ex-dividend date was Thursday, January 29th. This represents a c) annualized dividend and a yield of 4.7%.

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.