FWG Holdings LLC Buys 445 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

FWG Holdings LLC lifted its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 17,234 shares of the exchange traded fund’s stock after purchasing an additional 445 shares during the quarter. FWG Holdings LLC’s holdings in Alerian MLP ETF were worth $901,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Proficio Capital Partners LLC raised its stake in shares of Alerian MLP ETF by 3,928.2% during the fourth quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock valued at $781,361,000 after acquiring an additional 15,821,509 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Alerian MLP ETF in the fourth quarter valued at $104,132,000. Hilton Capital Management LLC bought a new position in Alerian MLP ETF during the 3rd quarter worth $31,562,000. EP Wealth Advisors LLC lifted its holdings in 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 buying an additional 506,582 shares during the period. Finally, LPL Financial LLC grew its position in shares of Alerian MLP ETF by 13.0% in the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after buying an additional 275,254 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $50.33 on Monday. The business has a 50-day moving average of $51.02 and a 200-day moving average of $48.91. The company has a market capitalization of $10.36 billion, a price-to-earnings ratio of 14.01 and a beta of 1.38. 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 declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.97 per share. This is a positive change from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date of this dividend 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.