DIVO
Amplify CWP Enhanced Dividend Income ETF·Financial Services
46.17
0.588%(+0.27)
Market ClosedLast Updated: — ET
52W L: $40.8552W H: $47.30
Amplify CWP Enhanced Dividend Income ETF·Financial Services
Retirees who want a monthly income without the wild ride of high-yield specialty funds often land on the Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO). The pitch is straightforward: pair roughly 25 to 30 quality dividend stocks with a tactical covered call overlay that adds option premium on top of regular payouts. DIVO has raised... DIVO's 5% Yield Is Impressive, But Its Tactical Covered Call Strategy Costs You 30% of Big Up Months
Bonds worked really well as a portfolio diversifier for more than four decades, and a huge part of that success came from the long-term trend of falling interest rates.
American investors have a long, painful history of underweighting international stocks.
The Amplify CWP Enhanced Dividend Income ETF (DIVO) is rated 5 stars by Morningstar for a reason. It also has one of the best covered call strategies among the ETFs I have seen. However, there are several key structural issues that many investors overlook that keep me from buying it.
In this article, you will learn why the Amplify CWP Growth & Income ETF (QDVO) leads during growth, while the Amplify CWP Enhanced Dividend Income ETF (DIVO) saves during declines. A combination of QDVO and DIVO offers a balanced ~8% yield. Tactical covered call approach mitigates NAV erosion better than aggressive peers.
CPC Advisors LLC lifted its position in Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) by 3.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 615,353 shares of the company's stock after purchasing an additional 18,113 shares during the quarter.