CIBC Private Wealth Group LLC Has $445.13 Million Stake in Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP)

CIBC Private Wealth Group LLC lifted its stake in shares of Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,099,522 shares of the company’s stock after purchasing an additional 134,580 shares during the quarter. Barclays ETN+ Select MLP ETNs accounts for about 0.8% of CIBC Private Wealth Group LLC’s portfolio, making the stock its 22nd largest position. CIBC Private Wealth Group LLC owned about 1.20% of Barclays ETN+ Select MLP ETNs worth $445,134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Orion Portfolio Solutions LLC boosted its position in Barclays ETN+ Select MLP ETNs by 1.0% in the third quarter. Orion Portfolio Solutions LLC now owns 58,626 shares of the company’s stock valued at $1,523,000 after buying an additional 579 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Barclays ETN+ Select MLP ETNs in the 4th quarter valued at $50,000. Raymond James Financial Inc. acquired a new stake in shares of Barclays ETN+ Select MLP ETNs during the 4th quarter valued at $306,000. Finally, Blair William & Co. IL bought a new stake in Barclays ETN+ Select MLP ETNs during the 4th quarter worth $435,000.

Barclays ETN+ Select MLP ETNs Price Performance

Shares of ATMP opened at $30.59 on Friday. The business has a 50-day simple moving average of $30.42 and a two-hundred day simple moving average of $28.78. Barclays ETN+ Select MLP ETNs has a 12-month low of $23.20 and a 12-month high of $32.09.

Barclays ETN+ Select MLP ETNs Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 3rd were issued a $0.3184 dividend. The ex-dividend date was Monday, March 3rd.

Barclays ETN+ Select MLP ETNs Company Profile

The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.