Sfmg LLC Acquires 987 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Sfmg LLC boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,737 shares of the exchange traded fund’s stock after acquiring an additional 987 shares during the quarter. Sfmg LLC’s holdings in Alerian MLP ETF were worth $613,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Capital Investment Advisory Services LLC raised its position in Alerian MLP ETF by 2.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 222 shares in the last quarter. Auour Investments LLC raised its position in shares of Alerian MLP ETF by 1.4% in the fourth quarter. Auour Investments LLC now owns 17,948 shares of the exchange traded fund’s stock valued at $926,000 after purchasing an additional 249 shares during the period. Savant Capital LLC raised its position in shares of Alerian MLP ETF by 1.0% in the fourth quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock valued at $1,260,000 after purchasing an additional 255 shares during the period. Kathleen S. Wright Associates Inc. raised its position in shares of Alerian MLP ETF by 17.1% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock valued at $87,000 after purchasing an additional 264 shares during the period. Finally, GoalVest Advisory LLC raised its position in shares of Alerian MLP ETF by 1.1% in the fourth quarter. GoalVest Advisory LLC now owns 24,714 shares of the exchange traded fund’s stock valued at $1,190,000 after purchasing an additional 271 shares during the period.

Alerian MLP ETF Stock Down 1.2 %

NYSEARCA:AMLP opened at $51.60 on Friday. Alerian MLP ETF has a 12 month low of $44.21 and a 12 month high of $53.24. The firm has a market cap of $10.63 billion, a price-to-earnings ratio of 13.99 and a beta of 1.35. The company’s 50 day moving average is $51.56 and its 200-day moving average is $49.20.

Alerian MLP ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were given a $0.97 dividend. 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.

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.