Auour Investments LLC Acquires 249 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Auour Investments LLC boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,948 shares of the exchange traded fund’s stock after purchasing an additional 249 shares during the period. Auour Investments LLC’s holdings in Alerian MLP ETF were worth $926,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC raised its stake in shares of Alerian MLP ETF by 38.8% in the fourth quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock valued at $1,566,000 after acquiring an additional 9,088 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Alerian MLP ETF by 532.8% in the third quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock valued at $927,000 after acquiring an additional 16,560 shares during the last quarter. Advisors Asset Management Inc. bought a new position in shares of Alerian MLP ETF in the third quarter valued at approximately $65,000. Strategic Financial Concepts LLC bought a new position in shares of Alerian MLP ETF in the fourth quarter valued at approximately $27,000. Finally, Benjamin Edwards Inc. raised its stake in shares of Alerian MLP ETF by 123.2% in the third quarter. Benjamin Edwards Inc. now owns 45,452 shares of the exchange traded fund’s stock valued at $2,142,000 after acquiring an additional 25,090 shares during the last quarter.

Alerian MLP ETF Trading Down 0.4 %

NYSEARCA:AMLP opened at $52.16 on Thursday. Alerian MLP ETF has a 1 year low of $44.21 and a 1 year high of $53.24. The firm has a 50 day moving average of $50.29 and a 200-day moving average of $48.46. The stock has a market capitalization of $9.38 billion, a P/E ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Increases Dividend

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