Sanctuary Advisors LLC Has $8.67 Million Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Sanctuary Advisors LLC increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 17.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,356 shares of the exchange traded fund’s stock after acquiring an additional 24,674 shares during the quarter. Sanctuary Advisors LLC owned 0.09% of Alerian MLP ETF worth $8,672,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Americana Partners LLC raised its stake in Alerian MLP ETF by 12.5% during the 4th quarter. Americana Partners LLC now owns 30,056 shares of the exchange traded fund’s stock worth $1,447,000 after buying an additional 3,341 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of Alerian MLP ETF by 10.7% during the fourth quarter. J.W. Cole Advisors Inc. now owns 46,081 shares of the exchange traded fund’s stock valued at $2,219,000 after acquiring an additional 4,472 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Alerian MLP ETF during the fourth quarter valued at approximately $27,000. Allworth Financial LP raised its position in shares of Alerian MLP ETF by 110.5% during the fourth quarter. Allworth Financial LP now owns 226,537 shares of the exchange traded fund’s stock worth $11,769,000 after purchasing an additional 118,900 shares during the period. Finally, Principal Securities Inc. lifted its holdings in shares of Alerian MLP ETF by 234.3% in the 4th quarter. Principal Securities Inc. now owns 7,375 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 5,169 shares in the last quarter.

Alerian MLP ETF Trading Down 0.4 %

Shares of AMLP stock opened at $52.16 on Thursday. Alerian MLP ETF has a 12 month low of $44.21 and a 12 month high of $53.24. The firm has a market capitalization of $9.38 billion, a PE ratio of 13.08 and a beta of 0.48. The firm has a fifty day simple moving average of $50.29 and a two-hundred day simple moving average of $48.46.

Alerian MLP ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were issued a $0.97 dividend. The ex-dividend date was Wednesday, February 12th. This is a positive change 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.