Amplify CWP Enhanced Dividend Income ETF $DIVO Stake Raised by MBL Wealth LLC

MBL Wealth LLC grew its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 4.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,070,072 shares of the company’s stock after acquiring an additional 44,311 shares during the period. Amplify CWP Enhanced Dividend Income ETF comprises 3.0% of MBL Wealth LLC’s investment portfolio, making the stock its 5th biggest holding. MBL Wealth LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $49,748,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Retirement Planning Group LLC purchased a new stake in Amplify CWP Enhanced Dividend Income ETF in the third quarter valued at approximately $166,636,000. Financial Designs Corp purchased a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter valued at $14,371,000. Envestnet Asset Management Inc. lifted its stake in Amplify CWP Enhanced Dividend Income ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,635,616 shares of the company’s stock worth $166,148,000 after acquiring an additional 295,894 shares in the last quarter. Foguth Wealth Management LLC. grew its position in Amplify CWP Enhanced Dividend Income ETF by 121.7% in the 1st quarter. Foguth Wealth Management LLC. now owns 262,887 shares of the company’s stock valued at $12,156,000 after acquiring an additional 144,305 shares in the last quarter. Finally, Altus Wealth Group LLC lifted its position in shares of Amplify CWP Enhanced Dividend Income ETF by 72.0% during the first quarter. Altus Wealth Group LLC now owns 293,519 shares of the company’s stock worth $13,164,000 after purchasing an additional 122,915 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Performance

NYSEARCA DIVO opened at $48.00 on Friday. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. The firm has a 50 day simple moving average of $47.76 and a 200-day simple moving average of $46.75. Amplify CWP Enhanced Dividend Income ETF has a one year low of $43.90 and a one year high of $49.03.

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.