Amplify CWP Enhanced Dividend Income ETF Price & Performance (DIVO)

Amplify CWP Enhanced Dividend Income ETF (DIVO) is sending conflicting technical signals as of April 27. Short-term averages and the price rate of change point to a buy, while longer-term moving averages and MACD suggest a sell. Overall, analysts recommend holding the ETF as it awaits clearer direction.1

DIVO continues to attract income-focused investors with a trailing twelve-month dividend yield of 4.75%. The ETF paid $0.16468 per share for its March distribution, with monthly payouts remaining consistent. The fund’s payout ratio stands above 100%, highlighting a focus on delivering regular income despite market fluctuations.23

In March, DIVO increased holdings in Salesforce, JPMorgan, and Agnico Eagle Mines while reducing exposure to Freeport-McMoRan and Amgen. The ETF also ramped up call-writing activity amid heightened volatility, with 12% of the portfolio covered by options at month’s end, aiming to enhance income and manage risk.4