Good Life Advisors LLC Raises Stake in Alerian MLP ETF (NYSEARCA:AMLP)

Good Life Advisors LLC increased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,972 shares of the exchange traded fund’s stock after buying an additional 524 shares during the period. Good Life Advisors LLC’s holdings in Alerian MLP ETF were worth $480,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital Investment Advisory Services LLC raised its holdings in Alerian MLP ETF by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 222 shares during the last quarter. Mach 1 Financial Group LLC grew its position in shares of Alerian MLP ETF by 2.4% in the third quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after purchasing an additional 244 shares during the period. Savant Capital LLC grew its position in shares of Alerian MLP ETF by 1.0% in the fourth quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock valued at $1,260,000 after purchasing an additional 255 shares during the period. Kathleen S. Wright Associates Inc. increased its stake in Alerian MLP ETF by 17.1% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock valued at $87,000 after purchasing an additional 264 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC lifted its position in Alerian MLP ETF by 1.7% during the third quarter. Avidian Wealth Enterprises LLC now owns 16,219 shares of the exchange traded fund’s stock worth $764,000 after buying an additional 265 shares during the period.

Alerian MLP ETF Trading Up 0.2 %

Shares of NYSEARCA:AMLP opened at $52.24 on Friday. The firm has a market cap of $9.40 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. The stock’s 50-day moving average price is $50.35 and its two-hundred day moving average price is $48.49. Alerian MLP ETF has a 12-month low of $44.21 and a 12-month high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were given a $0.97 dividend. The ex-dividend date 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.