Alerian MLP ETF $AMLP Stock Position Lifted by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 20.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 61,401 shares of the exchange traded fund’s stock after buying an additional 10,321 shares during the period. Stratos Wealth Partners LTD.’s holdings in Alerian MLP ETF were worth $2,887,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. CWA Asset Management Group LLC raised its position in shares of Alerian MLP ETF by 1.1% during the 4th quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock worth $914,000 after purchasing an additional 220 shares during the period. Opal Wealth Advisors LLC increased its position in Alerian MLP ETF by 2.7% in the 3rd quarter. Opal Wealth Advisors LLC now owns 8,467 shares of the exchange traded fund’s stock valued at $397,000 after acquiring an additional 221 shares during the period. Shepherd Kaplan Krochuk LLC increased its position in Alerian MLP ETF by 2.2% in the 3rd quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock valued at $510,000 after acquiring an additional 237 shares during the period. Private Advisory Group LLC increased its position in Alerian MLP ETF by 5.6% in the 3rd quarter. Private Advisory Group LLC now owns 4,524 shares of the exchange traded fund’s stock valued at $212,000 after acquiring an additional 239 shares during the period. Finally, Berkeley Capital Partners LLC increased its position in Alerian MLP ETF by 0.4% in the 3rd quarter. Berkeley Capital Partners LLC now owns 62,633 shares of the exchange traded fund’s stock valued at $2,939,000 after acquiring an additional 248 shares during the period.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $52.26 on Tuesday. The stock has a fifty day moving average price of $51.84 and a two-hundred day moving average price of $48.81. The firm has a market cap of $12.10 billion, a P/E ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $54.20.

Alerian MLP ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Wednesday, February 11th were paid 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 an increase from Alerian MLP ETF’s previous quarterly dividend of $1.00.

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).