WealthBridge Capital Management LLC Increases Stake in Alerian MLP ETF (NYSEARCA:AMLP)

WealthBridge Capital Management LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 10.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,757 shares of the exchange traded fund’s stock after acquiring an additional 4,583 shares during the period. WealthBridge Capital Management LLC’s holdings in Alerian MLP ETF were worth $2,348,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of AMLP. Wealth Alliance increased its position in Alerian MLP ETF by 19.8% during the 4th quarter. Wealth Alliance now owns 289,693 shares of the exchange traded fund’s stock worth $13,952,000 after purchasing an additional 47,781 shares in the last quarter. Financial Sense Advisors Inc. acquired a new stake in Alerian MLP ETF during the 4th quarter worth approximately $3,225,000. Good Life Advisors LLC increased its position in Alerian MLP ETF by 5.5% during the 4th quarter. Good Life Advisors LLC now owns 9,972 shares of the exchange traded fund’s stock worth $480,000 after purchasing an additional 524 shares in the last quarter. TKG Advisors LLC increased its position in Alerian MLP ETF by 6.8% during the 4th quarter. TKG Advisors LLC now owns 84,955 shares of the exchange traded fund’s stock worth $4,426,000 after purchasing an additional 5,404 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in Alerian MLP ETF by 65.1% during the 4th quarter. Global Retirement Partners LLC now owns 100,247 shares of the exchange traded fund’s stock worth $4,828,000 after purchasing an additional 39,512 shares in the last quarter.

Alerian MLP ETF Stock Performance

AMLP opened at $52.16 on Thursday. The firm has a 50 day moving average price of $50.29 and a 200 day moving average price of $48.46. The company has a market cap of $9.38 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 1 year low of $44.21 and a 1 year high of $53.24.

Alerian MLP ETF Increases Dividend

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

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.