Laurel Oak Wealth Management LLC Increases Position in Amplify CWP Enhanced Dividend Income ETF $DIVO

Laurel Oak Wealth Management LLC boosted its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 106.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 228,339 shares of the company’s stock after acquiring an additional 117,879 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF accounts for approximately 1.7% of Laurel Oak Wealth Management LLC’s portfolio, making the stock its 12th largest holding. Laurel Oak Wealth Management LLC’s holdings in Amplify CWP Enhanced Dividend Income ETF were worth $10,241,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in DIVO. Simplex Trading LLC bought a new stake in Amplify CWP Enhanced Dividend Income ETF during the fourth quarter worth about $26,000. Optima Capital LLC purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF in the 4th quarter worth about $27,000. Financial Consulate Inc. bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at about $28,000. Evelyn Partners Asset Management Ltd bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at about $30,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Amplify CWP Enhanced Dividend Income ETF during the 4th quarter valued at about $53,000.

Amplify CWP Enhanced Dividend Income ETF Trading Down 0.1%

Shares of NYSEARCA DIVO opened at $45.68 on Friday. The stock’s 50-day moving average is $45.86 and its 200 day moving average is $45.75. The stock has a market cap of $6.94 billion, a price-to-earnings ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 1-year low of $42.00 and a 1-year high of $47.30.

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.