Good Steward Wealth Advisors LLC Has $5.14 Million Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

Good Steward Wealth Advisors LLC grew its stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 81.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 115,227 shares of the company’s stock after purchasing an additional 51,754 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF makes up approximately 3.5% of Good Steward Wealth Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Good Steward Wealth Advisors LLC owned approximately 0.10% of Amplify CWP Enhanced Dividend Income ETF worth $5,136,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DIVO. Caprock Group LLC acquired a new position in Amplify CWP Enhanced Dividend Income ETF in the 3rd quarter valued at about $727,000. Stratos Investment Management LLC boosted its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 4.2% during the third quarter. Stratos Investment Management LLC now owns 657,352 shares of the company’s stock worth $29,298,000 after acquiring an additional 26,597 shares during the period. BlueChip Wealth Advisors LLC grew its position in shares of Amplify CWP Enhanced Dividend Income ETF by 3.3% in the third quarter. BlueChip Wealth Advisors LLC now owns 109,493 shares of the company’s stock valued at $4,880,000 after purchasing an additional 3,478 shares during the last quarter. Midwest Trust Co bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the third quarter worth approximately $2,002,000. Finally, Wealthfront Advisers LLC increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 18.3% during the third quarter. Wealthfront Advisers LLC now owns 21,781 shares of the company’s stock worth $971,000 after purchasing an additional 3,364 shares during the period.

Amplify CWP Enhanced Dividend Income ETF Trading Down 1.0%

NYSEARCA:DIVO opened at $46.54 on Friday. The stock has a 50 day simple moving average of $45.68 and a 200 day simple moving average of $44.70. The stock has a market cap of $6.32 billion, a P/E ratio of 22.46 and a beta of 0.72. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $36.20 and a 1-year high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a dividend of $0.1826 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, January 29th.

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.