BNB Wealth Management LLC Buys Shares of 50,446 Amplify CWP Enhanced Dividend Income ETF $DIVO

BNB Wealth Management LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 50,446 shares of the company’s stock, valued at approximately $2,245,000. Amplify CWP Enhanced Dividend Income ETF comprises about 1.4% of BNB Wealth Management LLC’s investment portfolio, making the stock its 25th largest holding.

Several other hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 9.0% during the fourth quarter. AQR Capital Management LLC now owns 7,316 shares of the company’s stock valued at $326,000 after acquiring an additional 603 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 32.9% during the fourth quarter. Cetera Investment Advisers now owns 948,018 shares of the company’s stock valued at $42,187,000 after acquiring an additional 234,620 shares in the last quarter. Equitable Holdings Inc. increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 10.1% during the fourth quarter. Equitable Holdings Inc. now owns 195,557 shares of the company’s stock valued at $8,702,000 after acquiring an additional 17,903 shares in the last quarter. Kovack Advisors Inc. increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 215.1% during the fourth quarter. Kovack Advisors Inc. now owns 37,114 shares of the company’s stock valued at $1,652,000 after acquiring an additional 25,335 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Amplify CWP Enhanced Dividend Income ETF by 7.9% during the fourth quarter. Osaic Holdings Inc. now owns 938,674 shares of the company’s stock valued at $41,776,000 after acquiring an additional 68,358 shares in the last quarter.

Amplify CWP Enhanced Dividend Income ETF Stock Down 1.2%

DIVO opened at $46.18 on Thursday. Amplify CWP Enhanced Dividend Income ETF has a 52-week low of $41.37 and a 52-week high of $47.30. The company has a market cap of $7.02 billion, a P/E ratio of 22.46 and a beta of 0.65. The firm’s 50-day moving average price is $45.83 and its 200-day moving average price is $45.73.

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.