Millstone Evans Group LLC Makes New Investment in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)

Millstone Evans Group LLC bought a new position in shares of Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) during the 4th quarter, Holdings Channel.com reports. The fund bought 3,340 shares of the company’s stock, valued at approximately $135,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DIVO. Sierra Ocean LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the 4th quarter worth approximately $4,495,000. Plotkin Financial Advisors LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the 3rd quarter worth approximately $2,556,000. Janney Montgomery Scott LLC boosted its stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 3.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,491,535 shares of the company’s stock worth $60,377,000 after acquiring an additional 53,528 shares in the last quarter. Vantage Financial Partners LLC boosted its stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF by 4.5% during the 4th quarter. Vantage Financial Partners LLC now owns 415,056 shares of the company’s stock worth $16,801,000 after acquiring an additional 17,819 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the 4th quarter worth approximately $668,000.

Amplify YieldShares CWP Dividend & Option Income ETF Price Performance

Shares of NYSEARCA:DIVO opened at $40.69 on Friday. The business’s 50 day simple moving average is $41.60 and its 200-day simple moving average is $41.36. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 23.67 and a beta of 0.75. Amplify YieldShares CWP Dividend & Option Income ETF has a 12 month low of $37.46 and a 12 month high of $42.88.

Amplify YieldShares CWP Dividend & Option Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 27th were paid a dividend of $0.167 per share. This is a positive change from Amplify YieldShares CWP Dividend & Option Income ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Thursday, February 27th.

About Amplify YieldShares CWP Dividend & Option 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.