Kestra Private Wealth Services LLC Has $932,000 Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Kestra Private Wealth Services LLC boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 19,354 shares of the exchange traded fund’s stock after acquiring an additional 698 shares during the period. Kestra Private Wealth Services LLC’s holdings in Alerian MLP ETF were worth $932,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Park Avenue Securities LLC grew its holdings in Alerian MLP ETF by 38.8% during the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after acquiring an additional 9,088 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Alerian MLP ETF by 532.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock valued at $927,000 after buying an additional 16,560 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at $65,000. Violich Capital Management Inc. grew its holdings in shares of Alerian MLP ETF by 1.7% in the 3rd quarter. Violich Capital Management Inc. now owns 225,290 shares of the exchange traded fund’s stock valued at $10,618,000 after buying an additional 3,870 shares during the period. Finally, Benjamin Edwards Inc. grew its holdings in shares of Alerian MLP ETF by 123.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 45,452 shares of the exchange traded fund’s stock valued at $2,142,000 after buying an additional 25,090 shares during the period.

Alerian MLP ETF Stock Up 2.0 %

Shares of AMLP stock opened at $51.38 on Friday. Alerian MLP ETF has a 12-month low of $43.35 and a 12-month high of $53.24. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The firm has a fifty day moving average of $50.08 and a 200-day moving average of $48.35.

Alerian MLP ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th will be issued a $0.97 dividend. This is a positive change from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date of this dividend is Wednesday, February 12th.

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.