Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Quartz Partners LLC

Quartz Partners LLC cut its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,222 shares of the exchange traded fund’s stock after selling 728 shares during the period. Quartz Partners LLC’s holdings in Alerian MLP ETF were worth $1,263,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $28,000. City State Bank purchased a new stake in shares of Alerian MLP ETF during the fourth quarter valued at $40,000. Advisors Asset Management Inc. purchased a new stake in shares of Alerian MLP ETF during the third quarter valued at $65,000. Rosenberg Matthew Hamilton boosted its position in shares of Alerian MLP ETF by 803.5% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 1,374 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in Alerian MLP ETF by 159.5% in the 4th 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.

Alerian MLP ETF Price Performance

AMLP stock opened at $51.71 on Monday. The company’s 50 day simple moving average is $50.40 and its 200-day simple moving average is $48.56. The firm has a market capitalization of $9.30 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52-week low of $44.21 and a 52-week high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were given a $0.97 dividend. This is a positive change from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date was Wednesday, February 12th.

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.