57,951 Shares in Alerian MLP ETF $AMLP Acquired by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 57,951 shares of the exchange traded fund’s stock, valued at approximately $2,720,000.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Alerian MLP ETF by 19.4% during the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after buying an additional 7,280 shares during the last quarter. Y Intercept Hong Kong Ltd raised its stake in Alerian MLP ETF by 44.6% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 10,353 shares of the exchange traded fund’s stock valued at $506,000 after acquiring an additional 3,195 shares during the period. Bank of Montreal Can lifted its holdings in Alerian MLP ETF by 1.3% during the second quarter. Bank of Montreal Can now owns 23,071 shares of the exchange traded fund’s stock valued at $1,127,000 after purchasing an additional 306 shares during the last quarter. Ethos Financial Group LLC boosted its position in Alerian MLP ETF by 10.5% during the second quarter. Ethos Financial Group LLC now owns 12,501 shares of the exchange traded fund’s stock worth $611,000 after purchasing an additional 1,183 shares during the period. Finally, Wedbush Securities Inc. boosted its position in Alerian MLP ETF by 5.7% during the second quarter. Wedbush Securities Inc. now owns 41,428 shares of the exchange traded fund’s stock worth $2,024,000 after purchasing an additional 2,229 shares during the period.

Alerian MLP ETF Stock Up 0.1%

NYSEARCA AMLP opened at $52.66 on Friday. The company’s 50 day moving average is $49.85 and its 200-day moving average is $48.08. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month high of $53.20. The firm has a market cap of $11.86 billion, a P/E ratio of 14.17 and a beta of 0.70.

Alerian MLP ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Wednesday, February 11th were issued a dividend of $1.01 per share. This represents a $4.04 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend was Wednesday, February 11th. This is a positive change from Alerian MLP ETF’s previous quarterly dividend of $1.00.

Alerian MLP ETF Company Profile

ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).