Enclave Advisors LLC Reduces Stock Position in Alerian MLP ETF $AMLP

Enclave Advisors LLC lessened its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 53.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 155,689 shares of the exchange traded fund’s stock after selling 179,477 shares during the quarter. Alerian MLP ETF makes up 1.0% of Enclave Advisors LLC’s holdings, making the stock its 28th largest holding. Enclave Advisors LLC’s holdings in Alerian MLP ETF were worth $7,320,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. REAP Financial Group LLC grew its holdings in shares of Alerian MLP ETF by 2,000.0% in the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 500 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Alerian MLP ETF by 213.9% during the 3rd quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 445 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. boosted its position in Alerian MLP ETF by 136.3% in the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 545 shares during the period. HM Payson & Co. purchased a new stake in Alerian MLP ETF in the 3rd quarter valued at about $47,000. Finally, TFC Financial Management Inc. bought a new position in Alerian MLP ETF in the 3rd quarter worth about $60,000.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $53.48 on Friday. The company has a market capitalization of $12.05 billion, a P/E ratio of 14.17 and a beta of 0.70. The company’s 50-day simple moving average is $51.44 and its two-hundred day simple moving average is $48.59. Alerian MLP ETF has a one year low of $43.75 and a one year high of $54.20.

Alerian MLP ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Wednesday, February 11th were paid a $1.01 dividend. This represents a $4.04 annualized dividend and a yield of 7.6%. This is an increase from Alerian MLP ETF’s previous quarterly dividend of $1.00. The ex-dividend date of this dividend was Wednesday, February 11th.

Alerian MLP ETF 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).