Alerian MLP ETF (NYSEARCA:AMLP) Shares Purchased by Sigma Planning Corp

Sigma Planning Corp boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 32.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 51,724 shares of the exchange traded fund’s stock after purchasing an additional 12,700 shares during the period. Sigma Planning Corp’s holdings in Alerian MLP ETF were worth $2,491,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. LPL Financial LLC grew its position in Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after purchasing an additional 275,254 shares during the last quarter. Stephens Inc. AR grew its position in Alerian MLP ETF by 9.7% during the 4th quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock worth $51,985,000 after purchasing an additional 95,191 shares during the last quarter. HighTower Advisors LLC grew its position in Alerian MLP ETF by 10.7% during the 3rd quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock worth $41,091,000 after purchasing an additional 83,961 shares during the last quarter. Hilton Capital Management LLC purchased a new position in Alerian MLP ETF during the 3rd quarter worth $31,562,000. Finally, EP Wealth Advisors LLC grew its position in Alerian MLP ETF by 10,423.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after purchasing an additional 506,582 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of Alerian MLP ETF stock opened at $51.71 on Friday. Alerian MLP ETF has a 1 year low of $44.21 and a 1 year high of $53.24. The company has a market capitalization of $9.30 billion, a P/E ratio of 13.08 and a beta of 0.48. The company’s fifty day moving average is $50.40 and its two-hundred day moving average is $48.54.

Alerian MLP ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were issued a $0.97 dividend. This is an increase from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date of this dividend was Wednesday, February 12th.

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.