Sanctuary Advisors LLC Grows Position in Alerian MLP ETF (NYSEARCA:AMLP)

Sanctuary Advisors LLC raised its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 17.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 166,356 shares of the exchange traded fund’s stock after acquiring an additional 24,674 shares during the period. Sanctuary Advisors LLC’s holdings in Alerian MLP ETF were worth $8,672,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after acquiring an additional 275,254 shares in the last quarter. Stephens Inc. AR grew its stake in Alerian MLP ETF by 9.7% in the 4th quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock valued at $51,985,000 after purchasing an additional 95,191 shares during the period. HighTower Advisors LLC grew its stake in Alerian MLP ETF by 10.7% in the 3rd quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock valued at $41,091,000 after purchasing an additional 83,961 shares during the period. Hilton Capital Management LLC purchased a new stake in shares of Alerian MLP ETF during the 3rd quarter valued at $31,562,000. Finally, EP Wealth Advisors LLC raised its stake in shares of Alerian MLP ETF by 10,423.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after purchasing an additional 506,582 shares during the period.

Alerian MLP ETF Stock Performance

AMLP opened at $52.16 on Thursday. Alerian MLP ETF has a fifty-two week low of $44.21 and a fifty-two week high of $53.24. The firm has a 50-day moving average of $50.29 and a 200 day moving average of $48.46. The firm has a market cap of $9.38 billion, a P/E ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Increases Dividend

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