Atria Wealth Solutions Inc. Has $1.85 Million Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Atria Wealth Solutions Inc. decreased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 20.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,338 shares of the exchange traded fund’s stock after selling 10,013 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Alerian MLP ETF were worth $1,846,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in AMLP. Allworth Financial LP lifted its stake in Alerian MLP ETF by 312.2% in the third quarter. Allworth Financial LP now owns 107,637 shares of the exchange traded fund’s stock valued at $5,073,000 after buying an additional 81,527 shares during the period. Arkadios Wealth Advisors lifted its stake in Alerian MLP ETF by 66.5% in the third quarter. Arkadios Wealth Advisors now owns 7,341 shares of the exchange traded fund’s stock valued at $346,000 after buying an additional 2,933 shares during the period. PFG Investments LLC lifted its stake in Alerian MLP ETF by 91.0% in the third quarter. PFG Investments LLC now owns 17,947 shares of the exchange traded fund’s stock valued at $846,000 after buying an additional 8,549 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Alerian MLP ETF by 4.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 338,226 shares of the exchange traded fund’s stock valued at $15,941,000 after buying an additional 13,479 shares during the period. Finally, Capital Advisors Ltd. LLC lifted its stake in Alerian MLP ETF by 29.4% in the third quarter. Capital Advisors Ltd. LLC now owns 23,722 shares of the exchange traded fund’s stock valued at $1,118,000 after buying an additional 5,385 shares during the period.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $51.71 on Friday. The firm has a market cap of $9.30 billion, a P/E ratio of 13.08 and a beta of 0.48. The stock’s 50-day moving average is $50.40 and its 200-day moving average is $48.54. 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 firm also recently declared 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.

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.