Fiduciary Group LLC Has $513,000 Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Fiduciary Group LLC grew its position in Alerian MLP ETF (NYSEARCA:AMLP) by 2.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,650 shares of the exchange traded fund’s stock after buying an additional 300 shares during the period. Fiduciary Group LLC’s holdings in Alerian MLP ETF were worth $513,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Capital Investment Advisory Services LLC boosted its position in shares of Alerian MLP ETF by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 222 shares during the last quarter. Auour Investments LLC lifted its holdings in Alerian MLP ETF by 1.4% during the fourth quarter. Auour Investments LLC now owns 17,948 shares of the exchange traded fund’s stock worth $926,000 after acquiring an additional 249 shares in the last quarter. Savant Capital LLC lifted its holdings in Alerian MLP ETF by 1.0% during the fourth quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock worth $1,260,000 after acquiring an additional 255 shares in the last quarter. Kathleen S. Wright Associates Inc. lifted its holdings in Alerian MLP ETF by 17.1% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock worth $87,000 after acquiring an additional 264 shares in the last quarter. Finally, GoalVest Advisory LLC lifted its holdings in Alerian MLP ETF by 1.1% during the fourth quarter. GoalVest Advisory LLC now owns 24,714 shares of the exchange traded fund’s stock worth $1,190,000 after acquiring an additional 271 shares in the last quarter.

Alerian MLP ETF Trading Down 0.3 %

AMLP stock opened at $52.23 on Friday. The business’s 50-day moving average price is $51.51 and its two-hundred day moving average price is $49.17. The firm has a market cap of $10.76 billion, a PE ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a 1-year low of $44.21 and a 1-year high of $53.24.

Alerian MLP ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.97 per share. The ex-dividend date was Wednesday, February 12th. This is a positive change from Alerian MLP ETF’s previous dividend of $0.94.

About Alerian MLP ETF

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.