OakTrust Wealth Advisors LLC Acquires New Shares in Amplify CWP Enhanced Dividend Income ETF $DIVO

OakTrust Wealth Advisors LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 85,859 shares of the company’s stock, valued at approximately $3,821,000. Amplify CWP Enhanced Dividend Income ETF makes up about 3.5% of OakTrust Wealth Advisors LLC’s investment portfolio, making the stock its 12th largest position. OakTrust Wealth Advisors LLC owned approximately 0.06% of Amplify CWP Enhanced Dividend Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of DIVO. Dynamic Wealth Strategies LLC raised its position in Amplify CWP Enhanced Dividend Income ETF by 5.2% in the 4th quarter. Dynamic Wealth Strategies LLC now owns 4,417 shares of the company’s stock valued at $197,000 after buying an additional 217 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in Amplify CWP Enhanced Dividend Income ETF by 2.8% during the fourth quarter. IHT Wealth Management LLC now owns 8,644 shares of the company’s stock worth $385,000 after purchasing an additional 239 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 3.2% in the third quarter. Orion Porfolio Solutions LLC now owns 8,124 shares of the company’s stock valued at $362,000 after purchasing an additional 253 shares in the last quarter. Belpointe Asset Management LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 1.1% in the fourth quarter. Belpointe Asset Management LLC now owns 25,898 shares of the company’s stock valued at $1,152,000 after purchasing an additional 272 shares in the last quarter. Finally, Moneta Group Investment Advisors LLC grew its position in Amplify CWP Enhanced Dividend Income ETF by 1.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 15,580 shares of the company’s stock valued at $693,000 after purchasing an additional 278 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Trading Down 0.7%

Shares of DIVO stock opened at $45.87 on Friday. The firm’s fifty day moving average price is $45.85 and its two-hundred day moving average price is $45.73. Amplify CWP Enhanced Dividend Income ETF has a 1 year low of $41.37 and a 1 year high of $47.30. The firm has a market capitalization of $6.97 billion, a P/E ratio of 22.46 and a beta of 0.65.

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.