Signal Advisors Wealth LLC Acquires 11,473 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Signal Advisors Wealth LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 72.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,288 shares of the company’s stock after buying an additional 11,473 shares during the period. Signal Advisors Wealth LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $1,214,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in DIVO. CWM LLC raised its position in Amplify CWP Enhanced Dividend Income ETF by 25.9% during the third quarter. CWM LLC now owns 529,080 shares of the company’s stock valued at $23,581,000 after purchasing an additional 108,676 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 107.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 37,248 shares of the company’s stock valued at $1,660,000 after purchasing an additional 19,302 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth approximately $493,000. Alpine Bank Wealth Management increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 613.0% during the 3rd quarter. Alpine Bank Wealth Management now owns 19,657 shares of the company’s stock valued at $876,000 after purchasing an additional 16,900 shares during the last quarter. Finally, Cary Street Partners Financial LLC increased its position in shares of Amplify CWP Enhanced Dividend Income ETF by 7.1% during the 3rd quarter. Cary Street Partners Financial LLC now owns 363,589 shares of the company’s stock valued at $16,205,000 after purchasing an additional 23,952 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

NYSEARCA:DIVO opened at $44.67 on Friday. The firm has a market capitalization of $6.07 billion, a PE ratio of 22.46 and a beta of 0.72. The stock’s fifty day moving average is $45.96 and its 200 day moving average is $45.25. Amplify CWP Enhanced Dividend Income ETF has a fifty-two week low of $36.20 and a fifty-two week high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

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