ForthRight Wealth Management LLC Has $16.67 Million Stock Holdings in Amplify CWP Enhanced Dividend Income ETF $DIVO

ForthRight Wealth Management LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 14.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 374,681 shares of the company’s stock after acquiring an additional 48,361 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF makes up approximately 4.8% of ForthRight Wealth Management LLC’s holdings, making the stock its 9th largest holding. ForthRight Wealth Management LLC owned about 0.28% of Amplify CWP Enhanced Dividend Income ETF worth $16,673,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Geneos Wealth Management Inc. raised its position in Amplify CWP Enhanced Dividend Income ETF by 127.8% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,376 shares of the company’s stock valued at $61,000 after purchasing an additional 772 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF during the third quarter worth $63,000. AE Wealth Management LLC increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 15.3% in the third quarter. AE Wealth Management LLC now owns 2,704 shares of the company’s stock valued at $121,000 after buying an additional 358 shares in the last quarter. CoreCap Advisors LLC increased its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 16.3% in the third quarter. CoreCap Advisors LLC now owns 3,334 shares of the company’s stock valued at $149,000 after buying an additional 468 shares in the last quarter. Finally, Dynamic Wealth Strategies LLC raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 12.4% in the third quarter. Dynamic Wealth Strategies LLC now owns 4,200 shares of the company’s stock valued at $187,000 after buying an additional 464 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Down 0.6%

Shares of NYSEARCA DIVO opened at $44.67 on Friday. Amplify CWP Enhanced Dividend Income ETF has a 12-month low of $36.20 and a 12-month high of $47.30. The firm’s 50-day simple moving average is $45.96 and its 200 day simple moving average is $45.25. The company has a market cap of $6.07 billion, a price-to-earnings ratio of 22.46 and a beta of 0.72.

Amplify CWP Enhanced Dividend Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a dividend of $0.1863 per share. The ex-dividend date was Thursday, February 26th. This is a positive change from Amplify CWP Enhanced Dividend Income ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

Amplify CWP Enhanced Dividend 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.