Alerian MLP ETF (NYSEARCA:AMLP) Stock Position Trimmed by Quartz Partners LLC

Quartz Partners LLC decreased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 2.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 26,222 shares of the exchange traded fund’s stock after selling 728 shares during the period. Quartz Partners LLC’s holdings in Alerian MLP ETF were worth $1,263,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Allworth Financial LP increased its position in Alerian MLP ETF by 312.2% in the 3rd quarter. Allworth Financial LP now owns 107,637 shares of the exchange traded fund’s stock valued at $5,073,000 after acquiring an additional 81,527 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of Alerian MLP ETF by 66.5% during the third quarter. Arkadios Wealth Advisors now owns 7,341 shares of the exchange traded fund’s stock valued at $346,000 after purchasing an additional 2,933 shares during the period. PFG Investments LLC raised its stake in shares of Alerian MLP ETF by 91.0% during the third quarter. PFG Investments LLC now owns 17,947 shares of the exchange traded fund’s stock valued at $846,000 after purchasing an additional 8,549 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Alerian MLP ETF by 4.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 338,226 shares of the exchange traded fund’s stock worth $15,941,000 after purchasing an additional 13,479 shares during the period. Finally, Capital Advisors Ltd. LLC grew its position in Alerian MLP ETF by 29.4% in the 3rd quarter. Capital Advisors Ltd. LLC now owns 23,722 shares of the exchange traded fund’s stock valued at $1,118,000 after buying an additional 5,385 shares in the last quarter.

Alerian MLP ETF Trading Down 1.0 %

Alerian MLP ETF stock opened at $51.71 on Monday. Alerian MLP ETF has a 52 week low of $44.21 and a 52 week high of $53.24. The stock has a market cap of $9.30 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The company’s 50-day moving average price is $50.40 and its two-hundred day moving average price is $48.56.

Alerian MLP ETF Increases Dividend

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