Alerian MLP ETF (NYSEARCA:AMLP) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,456 shares of the exchange traded fund’s stock after purchasing an additional 1,348 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Alerian MLP ETF were worth $4,019,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new position in Alerian MLP ETF in the 4th quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Alerian MLP ETF in the third quarter valued at approximately $28,000. City State Bank acquired a new position in shares of Alerian MLP ETF during the 4th quarter worth approximately $40,000. Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF during the 3rd quarter worth approximately $65,000. Finally, Geneos Wealth Management Inc. lifted its position in shares of Alerian MLP ETF by 159.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 965 shares in the last quarter.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $51.91 on Friday. The firm has a fifty day moving average of $50.79 and a 200 day moving average of $48.75. The firm has a market cap of $10.68 billion, a PE ratio of 14.01 and a beta of 1.38. Alerian MLP ETF has a one year low of $44.21 and a one year high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.97 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This is a boost 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.