Farther Finance Advisors LLC Has $206,000 Stock Position in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)

Farther Finance Advisors LLC grew its position in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) by 41.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,086 shares of the company’s stock after purchasing an additional 1,480 shares during the period. Farther Finance Advisors LLC’s holdings in Amplify YieldShares CWP Dividend & Option Income ETF were worth $206,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIVO. Sierra Ocean LLC acquired a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter worth approximately $4,495,000. Plotkin Financial Advisors LLC acquired a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the third quarter worth approximately $2,556,000. Janney Montgomery Scott LLC boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 3.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,491,535 shares of the company’s stock worth $60,377,000 after purchasing an additional 53,528 shares during the period. Vantage Financial Partners LLC boosted its holdings in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 4.5% during the fourth quarter. Vantage Financial Partners LLC now owns 415,056 shares of the company’s stock worth $16,801,000 after purchasing an additional 17,819 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter worth approximately $668,000.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Performance

DIVO stock opened at $40.70 on Thursday. The stock has a market cap of $3.97 billion, a P/E ratio of 23.67 and a beta of 0.75. The firm has a 50 day simple moving average of $41.59 and a 200 day simple moving average of $41.36. Amplify YieldShares CWP Dividend & Option Income ETF has a 52 week low of $37.46 and a 52 week high of $42.88.

Amplify YieldShares CWP Dividend & Option Income ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 27th were paid a $0.167 dividend. The ex-dividend date of this dividend was Thursday, February 27th. This is a boost from Amplify YieldShares CWP Dividend & Option Income ETF’s previous dividend of $0.16.

Amplify YieldShares CWP Dividend & Option Income ETF Company 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.