Alerian MLP ETF (NYSEARCA:AMLP) Holdings Raised by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP grew its position in Alerian MLP ETF (NYSEARCA:AMLP) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,778 shares of the exchange traded fund’s stock after buying an additional 481 shares during the quarter. Wakefield Asset Management LLLP’s holdings in Alerian MLP ETF were worth $1,434,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Fort Sheridan Advisors LLC purchased a new position in shares of Alerian MLP ETF during the fourth quarter valued at $271,000. Proficio Capital Partners LLC increased its holdings in shares of Alerian MLP ETF by 3,928.2% in the 4th quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock valued at $781,361,000 after purchasing an additional 15,821,509 shares during the period. Oppenheimer & Co. Inc. lifted its position in shares of Alerian MLP ETF by 1.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 83,456 shares of the exchange traded fund’s stock worth $4,019,000 after purchasing an additional 1,348 shares in the last quarter. Kovack Advisors Inc. boosted its holdings in shares of Alerian MLP ETF by 41.6% during the fourth quarter. Kovack Advisors Inc. now owns 14,391 shares of the exchange traded fund’s stock worth $693,000 after purchasing an additional 4,228 shares during the period. Finally, Nwam LLC boosted its holdings in shares of Alerian MLP ETF by 0.4% during the fourth quarter. Nwam LLC now owns 164,665 shares of the exchange traded fund’s stock worth $7,930,000 after purchasing an additional 679 shares during the period.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $51.29 on Friday. Alerian MLP ETF has a twelve month low of $44.21 and a twelve month high of $53.24. The firm has a market cap of $10.56 billion, a PE ratio of 14.01 and a beta of 1.38. The firm’s 50 day moving average price is $50.70 and its two-hundred day moving average price is $48.67.

Alerian MLP ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors 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.

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.