NTV Asset Management LLC Has $5.24 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

NTV Asset Management LLC lifted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 0.7% in the 4th quarter, Holdings Channel reports. The firm owned 108,744 shares of the exchange traded fund’s stock after buying an additional 749 shares during the quarter. NTV Asset Management LLC’s holdings in Alerian MLP ETF were worth $5,237,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of AMLP. LPL Financial LLC raised its holdings in Alerian MLP ETF by 13.0% in the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after acquiring an additional 275,254 shares during the period. Stephens Inc. AR raised its holdings in Alerian MLP ETF by 9.7% in the 4th quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock worth $51,985,000 after acquiring an additional 95,191 shares during the period. Raymond James & Associates raised its holdings in Alerian MLP ETF by 2.4% in the 3rd quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after acquiring an additional 24,674 shares during the period. HighTower Advisors LLC raised its holdings in Alerian MLP ETF by 10.7% in the 3rd quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock worth $41,091,000 after acquiring an additional 83,961 shares during the period. Finally, Commonwealth Equity Services LLC raised its holdings in Alerian MLP ETF by 3.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 685,962 shares of the exchange traded fund’s stock worth $32,329,000 after acquiring an additional 20,243 shares during the period.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $51.57 on Monday. The company has a market capitalization of $9.28 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a one year low of $43.59 and a one year high of $53.24. The company’s fifty day moving average price is $50.11 and its 200 day moving average price is $48.37.

Alerian MLP ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th will be issued a $0.97 dividend. The ex-dividend date is Wednesday, February 12th. This is an increase 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.