Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Greatmark Investment Partners Inc.

Greatmark Investment Partners Inc. trimmed its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 10.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,290 shares of the exchange traded fund’s stock after selling 6,350 shares during the quarter. Greatmark Investment Partners Inc.’s holdings in Alerian MLP ETF were worth $2,759,000 as of its most recent SEC filing.

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

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $51.49 on Friday. 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 simple moving average of $51.26 and a 200-day simple moving average of $49.02. The stock has a market capitalization of $10.60 billion, a PE ratio of 14.01 and a beta of 1.38.

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 paid a dividend of $0.97 per share. The ex-dividend date was Wednesday, February 12th. This is a boost from Alerian MLP ETF’s previous dividend of $0.94.

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.