Capital Advisors Ltd. LLC Purchases 2,519 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Capital Advisors Ltd. LLC grew its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 10.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,241 shares of the exchange traded fund’s stock after purchasing an additional 2,519 shares during the period. Capital Advisors Ltd. LLC’s holdings in Alerian MLP ETF were worth $1,264,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Park Avenue Securities LLC grew its position in Alerian MLP ETF by 38.8% during the fourth quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock worth $1,566,000 after buying an additional 9,088 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Alerian MLP ETF by 532.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock valued at $927,000 after acquiring an additional 16,560 shares during the last quarter. Advisors Asset Management Inc. purchased a new position in shares of Alerian MLP ETF during the third quarter worth about $65,000. Strategic Financial Concepts LLC bought a new position in shares of Alerian MLP ETF in the fourth quarter worth approximately $27,000. Finally, Benjamin Edwards Inc. increased its position in shares of Alerian MLP ETF by 123.2% in the third quarter. Benjamin Edwards Inc. now owns 45,452 shares of the exchange traded fund’s stock worth $2,142,000 after purchasing an additional 25,090 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $51.71 on Monday. Alerian MLP ETF has a 1 year low of $44.21 and a 1 year high of $53.24. The firm has a market cap of $9.30 billion, a PE ratio of 13.08 and a beta of 0.48. The company has a 50 day simple moving average of $50.40 and a two-hundred day simple moving average of $48.56.

Alerian MLP ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were issued a dividend of $0.97 per share. This is an increase 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.