Capital Advisors Ltd. LLC Acquires 2,519 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Capital Advisors Ltd. LLC lifted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 10.6% in the fourth quarter, HoldingsChannel reports. The fund owned 26,241 shares of the exchange traded fund’s stock after buying an additional 2,519 shares during the period. Capital Advisors Ltd. LLC’s holdings in Alerian MLP ETF were worth $1,264,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Strategic Financial Concepts LLC purchased a new position in Alerian MLP ETF in the 4th quarter worth $27,000. Ashton Thomas Securities LLC bought a new position in shares of Alerian MLP ETF during the third quarter valued at about $28,000. City State Bank purchased a new position in shares of Alerian MLP ETF in the fourth quarter worth about $40,000. Advisors Asset Management Inc. bought a new stake in shares of Alerian MLP ETF in the 3rd quarter valued at about $65,000. Finally, Rosenberg Matthew Hamilton lifted its stake in shares of Alerian MLP ETF by 803.5% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock valued at $73,000 after acquiring an additional 1,374 shares during the last quarter.

Alerian MLP ETF Price Performance

AMLP opened at $51.71 on Monday. The stock’s 50 day simple moving average is $50.40 and its 200 day simple moving average is $48.56. The firm has a market cap of $9.30 billion, a price-to-earnings 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 announced a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were issued a $0.97 dividend. This is a boost from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date was Wednesday, February 12th.

Alerian MLP ETF 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.