TD Private Client Wealth LLC Decreases Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

TD Private Client Wealth LLC lowered its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,273 shares of the exchange traded fund’s stock after selling 195 shares during the period. TD Private Client Wealth LLC’s holdings in Alerian MLP ETF were worth $350,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AMLP. Proficio Capital Partners LLC grew its position in Alerian MLP ETF by 3,928.2% during the fourth quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock valued at $781,361,000 after buying an additional 15,821,509 shares during the period. Raymond James Financial Inc. bought a new position in shares of Alerian MLP ETF during the 4th quarter valued at approximately $104,132,000. Stephens Inc. AR increased its stake in shares of Alerian MLP ETF by 9.7% during the 4th quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock worth $51,985,000 after purchasing an additional 95,191 shares during the last quarter. Naviter Wealth LLC raised its holdings in shares of Alerian MLP ETF by 22.3% in the 4th quarter. Naviter Wealth LLC now owns 1,072,407 shares of the exchange traded fund’s stock worth $51,647,000 after purchasing an additional 195,327 shares during the period. Finally, HighTower Advisors LLC lifted its stake in Alerian MLP ETF by 8.1% in the fourth quarter. HighTower Advisors LLC now owns 942,501 shares of the exchange traded fund’s stock valued at $45,391,000 after purchasing an additional 70,483 shares during the last quarter.

Alerian MLP ETF Trading Up 0.7 %

Shares of NYSEARCA AMLP opened at $51.97 on Tuesday. The firm has a market cap of $10.71 billion, a price-to-earnings ratio of 13.99 and a beta of 1.35. The stock has a fifty day simple moving average of $51.61 and a two-hundred day simple moving average of $49.27. 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 company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were issued a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This is a positive change from Alerian MLP ETF’s previous dividend of $0.94.

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.