Laurel Oak Wealth Management LLC Acquires 117,879 Shares of Amplify CWP Enhanced Dividend Income ETF $DIVO

Laurel Oak Wealth Management LLC raised its holdings in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 106.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 228,339 shares of the company’s stock after buying an additional 117,879 shares during the quarter. Amplify CWP Enhanced Dividend Income ETF comprises about 1.7% of Laurel Oak Wealth Management LLC’s holdings, making the stock its 12th largest position. Laurel Oak Wealth Management LLC owned 0.15% of Amplify CWP Enhanced Dividend Income ETF worth $10,241,000 at the end of the most recent quarter.

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

Amplify CWP Enhanced Dividend Income ETF Price Performance

Shares of DIVO opened at $45.68 on Friday. The firm’s 50 day simple moving average is $45.86 and its 200 day simple moving average is $45.75. The company has a market capitalization of $6.94 billion, a P/E 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.

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.