Mesirow Financial Investment Management Inc. Increases Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Mesirow Financial Investment Management Inc. lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 5.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,700 shares of the exchange traded fund’s stock after buying an additional 3,288 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Alerian MLP ETF were worth $3,309,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Ashton Thomas Securities LLC bought a new stake in Alerian MLP ETF during the 3rd quarter worth approximately $28,000. City State Bank bought a new stake in Alerian MLP ETF during the 4th quarter worth approximately $40,000. Advisors Asset Management Inc. bought a new stake in Alerian MLP ETF during the 3rd quarter worth approximately $65,000. Geneos Wealth Management Inc. increased its holdings in Alerian MLP ETF by 159.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock worth $76,000 after acquiring an additional 965 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of Alerian MLP ETF by 53.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $83,000 after buying an additional 600 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $50.33 on Friday. The company’s fifty day moving average price is $50.97 and its 200-day moving average price is $48.85. The firm 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 one year low of $44.21 and a one year high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently declared 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 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.