54,090 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Purchased by Johnson Investment Counsel Inc.

Posted by Matthew Tipps on Mar 12th, 2025

Johnson Investment Counsel Inc. acquired a new position in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 54,090 shares of the exchange traded fund’s stock, valued at approximately $2,605,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC purchased a new stake in shares of Alerian MLP ETF in the 4th quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Alerian MLP ETF in the 3rd quarter worth about $28,000. City State Bank purchased a new position in Alerian MLP ETF in the 4th quarter valued at about $40,000. Advisors Asset Management Inc. purchased a new position in Alerian MLP ETF in the 3rd quarter valued at about $65,000. Finally, Geneos Wealth Management Inc. lifted its holdings in Alerian MLP ETF by 159.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock valued at $76,000 after purchasing an additional 965 shares in the last quarter.

Alerian MLP ETF Trading Up 0.3 %

NYSEARCA:AMLP opened at $50.65 on Wednesday. The firm has a market cap of $10.42 billion, a price-to-earnings ratio of 14.01 and a beta of 1.38. The company’s 50-day moving average is $51.12 and its two-hundred day moving average is $48.96. 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 company also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders 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 was Wednesday, February 12th.

Alerian MLP ETF Profile

(Free Report)

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.