Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 61,057 shares of the exchange traded fund’s stock after acquiring an additional 3,330 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in Alerian MLP ETF were worth $2,941,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of AMLP. City State Bank acquired a new position in Alerian MLP ETF during the fourth quarter valued at approximately $40,000. Advisors Asset Management Inc. acquired a new position in Alerian MLP ETF during the third quarter valued at approximately $65,000. Geneos Wealth Management Inc. lifted its position in Alerian MLP ETF by 159.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 965 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in Alerian MLP ETF by 53.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,720 shares of the exchange traded fund’s stock valued at $83,000 after buying an additional 600 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. lifted its position in 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 valued at $87,000 after buying an additional 264 shares in the last quarter.

Alerian MLP ETF Stock Up 2.1 %

AMLP opened at $51.49 on Monday. The firm has a market capitalization of $10.61 billion, a P/E ratio of 13.99 and a beta of 1.35. The firm’s 50 day moving average is $51.26 and its 200-day moving average is $49.06. Alerian MLP ETF has a 52-week low of $44.21 and a 52-week high of $53.24.

Alerian MLP ETF Increases Dividend

The company also recently disclosed 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 of this dividend 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.