Bank of New York Mellon Corp Lowers Stock Position in Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO)

Bank of New York Mellon Corp reduced its position in shares of Amplify YieldShares CWP Dividend & Option Income ETF (NYSEARCA:DIVO) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 296,245 shares of the company’s stock after selling 2,470 shares during the period. Bank of New York Mellon Corp owned 0.36% of Amplify YieldShares CWP Dividend & Option Income ETF worth $11,992,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sierra Ocean LLC purchased a new stake in shares of Amplify YieldShares CWP Dividend & Option Income ETF during the 4th quarter valued at $4,495,000. Kingswood Wealth Advisors LLC bought a new position in Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter valued at about $668,000. Janney Montgomery Scott LLC grew its position in Amplify YieldShares CWP Dividend & Option Income ETF by 3.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,491,535 shares of the company’s stock valued at $60,377,000 after buying an additional 53,528 shares during the period. Rosenberg Matthew Hamilton purchased a new stake in Amplify YieldShares CWP Dividend & Option Income ETF during the fourth quarter worth about $330,000. Finally, Plotkin Financial Advisors LLC bought a new stake in Amplify YieldShares CWP Dividend & Option Income ETF in the third quarter worth about $2,556,000.

Amplify YieldShares CWP Dividend & Option Income ETF Stock Down 1.1 %

DIVO opened at $39.61 on Friday. The company’s 50-day moving average price is $41.62 and its two-hundred day moving average price is $41.36. Amplify YieldShares CWP Dividend & Option Income ETF has a twelve month low of $37.46 and a twelve month high of $42.88. The stock has a market cap of $3.83 billion, a price-to-earnings ratio of 23.85 and a beta of 0.77.

Amplify YieldShares CWP Dividend & Option Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 27th were paid a $0.167 dividend. This is an increase from Amplify YieldShares CWP Dividend & Option Income ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Thursday, February 27th.

About Amplify YieldShares CWP Dividend & Option 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.