GWN Securities Inc. Buys Shares of 4,944 Alerian MLP ETF (NYSEARCA:AMLP)

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

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Harbour Investments Inc. increased its stake in shares of Alerian MLP ETF by 7.2% during the 4th quarter. Harbour Investments Inc. now owns 15,009 shares of the exchange traded fund’s stock valued at $723,000 after acquiring an additional 1,002 shares during the last quarter. Corient Private Wealth LLC increased its stake in shares of Alerian MLP ETF by 38.8% during the 4th quarter. Corient Private Wealth LLC now owns 128,204 shares of the exchange traded fund’s stock valued at $6,174,000 after acquiring an additional 35,849 shares during the last quarter. one8zero8 LLC acquired a new position in shares of Alerian MLP ETF during the 4th quarter valued at about $790,000. J. L. Bainbridge & Co. Inc. increased its stake in shares of Alerian MLP ETF by 9.6% during the 4th quarter. J. L. Bainbridge & Co. Inc. now owns 5,103 shares of the exchange traded fund’s stock valued at $246,000 after acquiring an additional 445 shares during the last quarter. Finally, Left Brain Wealth Management LLC increased its stake in shares of Alerian MLP ETF by 2.2% during the 4th quarter. Left Brain Wealth Management LLC now owns 145,902 shares of the exchange traded fund’s stock valued at $7,027,000 after acquiring an additional 3,144 shares during the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $52.22 on Tuesday. The company has a 50-day moving average of $51.33 and a 200-day moving average of $49.09. The company has a market cap of $10.76 billion, a P/E ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a 12 month low of $44.21 and a 12 month high of $53.24.

Alerian MLP ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, February 18th. Investors 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 an increase from Alerian MLP ETF’s previous dividend of $0.94.

Alerian MLP ETF Company 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.