Alerian MLP ETF (NYSEARCA:AMLP) Shares Purchased by IFP Advisors Inc

IFP Advisors Inc increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 168,295 shares of the exchange traded fund’s stock after purchasing an additional 6,730 shares during the quarter. IFP Advisors Inc owned 0.09% of Alerian MLP ETF worth $8,105,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Ashton Thomas Securities LLC acquired a new position in Alerian MLP ETF in the third quarter valued at approximately $28,000. City State Bank acquired a new position in Alerian MLP ETF in the fourth quarter valued at approximately $40,000. Advisors Asset Management Inc. acquired a new position in Alerian MLP ETF in the third quarter valued at approximately $65,000. Rosenberg Matthew Hamilton lifted its holdings in Alerian MLP ETF by 803.5% in the third 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 period. Finally, Geneos Wealth Management Inc. lifted its holdings in Alerian MLP ETF by 159.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 965 shares during the period.

Alerian MLP ETF Trading Down 1.0 %

Shares of NYSEARCA:AMLP opened at $51.71 on Monday. The company has a market capitalization of $9.30 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12-month low of $44.21 and a 12-month high of $53.24. The business has a 50 day moving average of $50.40 and a two-hundred day moving average of $48.56.

Alerian MLP ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were given a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This is a boost from Alerian MLP ETF’s previous dividend of $0.94.

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.