Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Principal Securities Inc.

Principal Securities Inc. increased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 234.3% 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 7,375 shares of the exchange traded fund’s stock after buying an additional 5,169 shares during the period. Principal Securities Inc.’s holdings in Alerian MLP ETF were worth $355,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Allworth Financial LP increased its position in Alerian MLP ETF by 312.2% during the third quarter. Allworth Financial LP now owns 107,637 shares of the exchange traded fund’s stock worth $5,073,000 after purchasing an additional 81,527 shares during the last quarter. Arkadios Wealth Advisors increased its position in Alerian MLP ETF by 66.5% during the third quarter. Arkadios Wealth Advisors now owns 7,341 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 2,933 shares during the last quarter. PFG Investments LLC increased its position in Alerian MLP ETF by 91.0% during the third quarter. PFG Investments LLC now owns 17,947 shares of the exchange traded fund’s stock worth $846,000 after purchasing an additional 8,549 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Alerian MLP ETF by 4.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 338,226 shares of the exchange traded fund’s stock worth $15,941,000 after purchasing an additional 13,479 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its position in Alerian MLP ETF by 29.4% during the third quarter. Capital Advisors Ltd. LLC now owns 23,722 shares of the exchange traded fund’s stock worth $1,118,000 after purchasing an additional 5,385 shares during the last quarter.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $51.71 on Friday. Alerian MLP ETF has a one year low of $44.21 and a one year high of $53.24. The company has a 50 day moving average price of $50.40 and a 200 day moving average price of $48.54. The firm has a market capitalization of $9.30 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were given a dividend of $0.97 per share. This is a positive change from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date of this dividend was Wednesday, February 12th.

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.