Disciplined Investors L.L.C. Acquires New Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Disciplined Investors L.L.C. bought a new position in Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 22,162 shares of the exchange traded fund’s stock, valued at approximately $1,099,000. Alerian MLP ETF accounts for 1.1% of Disciplined Investors L.L.C.’s investment portfolio, making the stock its 27th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Park Avenue Securities LLC increased its stake in Alerian MLP ETF by 38.8% during the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after purchasing an additional 9,088 shares in the last quarter. Edgemoor Investment Advisors Inc. bought a new stake in shares of Alerian MLP ETF during the fourth quarter worth $214,000. Fisher Asset Management LLC acquired a new stake in shares of Alerian MLP ETF during the fourth quarter worth $211,000. Strategic Financial Concepts LLC bought a new stake in Alerian MLP ETF in the 4th quarter valued at $27,000. Finally, Proficio Capital Partners LLC boosted its stake in Alerian MLP ETF by 7.9% in the 4th quarter. Proficio Capital Partners LLC now owns 434,649 shares of the exchange traded fund’s stock worth $20,933,000 after purchasing an additional 31,882 shares during the period.

Alerian MLP ETF Trading Up 0.6 %

AMLP stock opened at $52.57 on Thursday. The stock has a 50-day moving average price of $51.69 and a two-hundred day moving average price of $49.52. Alerian MLP ETF has a 1 year low of $44.21 and a 1 year high of $53.24. The stock has a market cap of $10.90 billion, a PE ratio of 14.02 and a beta of 0.99.

Alerian MLP ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were issued 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.

About Alerian MLP ETF

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.