A Safe, High Monthly Income ETF: DIVO Stock | My Portfolio Reveal

A Safe, High Monthly Income ETF: DIVO Stock | My Portfolio Reveal

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In today's video, we’re going to take a look at the Amplify CWP Enhanced Dividend Income ETF, ticker symbol DIVO. DIVO is an actively managed ETF of high-quality large-cap companies with a history of dividend growth, along with a tactical covered call strategy on individual stocks. DIVO is strategically designed to offer high levels of total return on a risk-adjusted basis. This ETF pursues income from two different sources: the dividend-paying stocks it holds and by opportunistically writing covered calls on those stocks. DIVO also aims to be less volatile than the overall market. Dividend and option income may provide lower share price volatility versus the overall market during times of broad-based market declines. DIVO was launched in 2016 by Amplify ETFs, and it’s also the company’s most popular ETF based on assets under management.

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