Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Retirement Financial Solutions LLC

Retirement Financial Solutions LLC lessened its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 36.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,928 shares of the exchange traded fund’s stock after selling 5,773 shares during the period. Alerian MLP ETF accounts for approximately 0.3% of Retirement Financial Solutions LLC’s portfolio, making the stock its 27th biggest position. Retirement Financial Solutions LLC’s holdings in Alerian MLP ETF were worth $478,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AMLP. Park Avenue Securities LLC raised its holdings in shares of Alerian MLP ETF by 38.8% in the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock valued at $1,566,000 after buying an additional 9,088 shares during the period. Farther Finance Advisors LLC grew its position in Alerian MLP ETF by 532.8% in the 3rd 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 in the last quarter. Advisors Asset Management Inc. purchased a new stake in Alerian MLP ETF during the third quarter worth about $65,000. Strategic Financial Concepts LLC acquired a new stake in shares of Alerian MLP ETF during the fourth quarter worth about $27,000. Finally, Violich Capital Management Inc. boosted its stake in shares of Alerian MLP ETF by 1.7% in the third quarter. Violich Capital Management Inc. now owns 225,290 shares of the exchange traded fund’s stock valued at $10,618,000 after purchasing an additional 3,870 shares during the period.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $51.57 on Tuesday. Alerian MLP ETF has a fifty-two week low of $43.59 and a fifty-two week high of $53.24. The company has a 50 day moving average price of $50.16 and a 200 day moving average price of $48.40. The stock has a market capitalization of $9.28 billion, a P/E ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th will be paid a $0.97 dividend. This is an increase from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date is Wednesday, February 12th.

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.