Tyler Stone Wealth Management Increases Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Tyler Stone Wealth Management lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.7% during the fourth quarter, HoldingsChannel reports. The fund owned 21,801 shares of the exchange traded fund’s stock after acquiring an additional 359 shares during the quarter. Tyler Stone Wealth Management’s holdings in Alerian MLP ETF were worth $1,050,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC increased its holdings in shares of Alerian MLP ETF by 400.0% in the 4th quarter. Mark Sheptoff Financial Planning LLC now owns 625 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 500 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of Alerian MLP ETF during the 4th quarter valued at $38,000. City State Bank acquired a new stake in Alerian MLP ETF in the 4th quarter valued at $40,000. Flagship Wealth Advisors LLC purchased a new stake in shares of Alerian MLP ETF during the fourth quarter valued at approximately $63,000. Finally, Advisors Asset Management Inc. purchased a new stake in Alerian MLP ETF during the 3rd quarter worth $65,000.

Alerian MLP ETF Stock Performance

AMLP opened at $51.94 on Wednesday. The company has a 50-day moving average of $51.63 and a 200-day moving average of $49.31. Alerian MLP ETF has a 1-year low of $44.21 and a 1-year high of $53.24. The company has a market capitalization of $10.70 billion, a P/E ratio of 13.99 and a beta of 1.35.

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 paid a dividend of $0.97 per share. The ex-dividend date was Wednesday, February 12th. This is a boost from Alerian MLP ETF’s previous dividend of $0.94.

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.