Truist Financial Corp Buys 149,465 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Truist Financial Corp grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 15.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,149,013 shares of the company’s stock after purchasing an additional 149,465 shares during the period. Truist Financial Corp owned about 1.05% of Amplify CWP Enhanced Dividend Income ETF worth $48,890,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIVO. Wealth Enhancement Advisory Services LLC increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 4.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 2,716,198 shares of the company’s stock worth $116,824,000 after purchasing an additional 126,125 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 8.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,611,072 shares of the company’s stock worth $65,683,000 after purchasing an additional 119,537 shares in the last quarter. Golden State Equity Partners bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the 2nd quarter worth approximately $3,632,000. EverSource Wealth Advisors LLC increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 140.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 85,894 shares of the company’s stock worth $3,502,000 after purchasing an additional 50,132 shares in the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the 1st quarter worth approximately $1,653,000.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.1%

DIVO stock opened at $44.43 on Friday. The firm has a market cap of $4.90 billion, a PE ratio of 22.46 and a beta of 0.77. The business has a 50 day moving average of $43.58 and a 200-day moving average of $41.90. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $36.20 and a 12-month high of $44.69.

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.