4,944 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Acquired by GWN Securities Inc.

GWN Securities Inc. bought a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,944 shares of the exchange traded fund’s stock, valued at approximately $258,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its holdings in Alerian MLP ETF by 3,928.2% in the 4th quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock worth $781,361,000 after acquiring an additional 15,821,509 shares during the period. LPL Financial LLC boosted its holdings in Alerian MLP ETF by 13.0% in the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after acquiring an additional 275,254 shares during the period. Raymond James Financial Inc. purchased a new position in Alerian MLP ETF in the 4th quarter worth approximately $104,132,000. Stephens Inc. AR boosted its holdings in Alerian MLP ETF by 9.7% in the 4th quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock worth $51,985,000 after acquiring an additional 95,191 shares during the period. Finally, Naviter Wealth LLC boosted its holdings in Alerian MLP ETF by 22.3% in the 4th quarter. Naviter Wealth LLC now owns 1,072,407 shares of the exchange traded fund’s stock worth $51,647,000 after acquiring an additional 195,327 shares during the period.

Alerian MLP ETF Stock Up 1.4 %

NYSEARCA AMLP opened at $52.22 on Tuesday. The stock has a market cap of $10.76 billion, a PE ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a fifty-two week low of $44.21 and a fifty-two week high of $53.24. The business has a 50 day moving average price of $51.33 and a two-hundred day moving average price of $49.09.

Alerian MLP ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th were issued a $0.97 dividend. The ex-dividend date was Wednesday, February 12th. This is a boost 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.