Blair William & Co. IL Has $24.28 Million Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Blair William & Co. IL lifted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 2.2% in the 4th quarter, Holdings Channel reports. The fund owned 504,193 shares of the exchange traded fund’s stock after buying an additional 10,879 shares during the period. Blair William & Co. IL’s holdings in Alerian MLP ETF were worth $24,282,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Park Avenue Securities LLC lifted its stake in Alerian MLP ETF by 38.8% in the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after acquiring an additional 9,088 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at about $65,000. Edgemoor Investment Advisors Inc. purchased a new stake in shares of Alerian MLP ETF in the fourth quarter worth approximately $214,000. Fisher Asset Management LLC acquired a new stake in shares of Alerian MLP ETF during the fourth quarter worth approximately $211,000. Finally, Strategic Financial Concepts LLC purchased a new position in Alerian MLP ETF during the fourth quarter valued at approximately $27,000.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $52.04 on Friday. The firm’s 50 day moving average price is $51.67 and its two-hundred day moving average price is $49.35. The firm has a market cap of $10.72 billion, a PE ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a twelve month low of $44.21 and a twelve month high of $53.24.

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 issued a dividend of $0.97 per share. 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 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.