Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Investment House LLC

Investment House LLC lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 4.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,060 shares of the exchange traded fund’s stock after selling 714 shares during the quarter. Investment House LLC’s holdings in Alerian MLP ETF were worth $725,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. City State Bank acquired a new stake in shares of Alerian MLP ETF in the fourth quarter valued at $40,000. Flagship Wealth Advisors LLC acquired a new position in Alerian MLP ETF in the 4th quarter valued at about $63,000. Advisors Asset Management Inc. purchased a new stake in Alerian MLP ETF during the third quarter worth about $65,000. Geneos Wealth Management Inc. lifted its position in shares of Alerian MLP ETF by 159.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 965 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Alerian MLP ETF by 53.6% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,720 shares of the exchange traded fund’s stock valued at $83,000 after purchasing an additional 600 shares during the period.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $52.38 on Thursday. The stock has a market capitalization of $10.79 billion, a P/E ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a fifty-two week low of $44.21 and a fifty-two week high of $53.24. The company has a 50 day moving average price of $51.45 and a 200 day moving average price of $49.15.

Alerian MLP ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were given a dividend of $0.97 per share. 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.

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.