Alerian MLP ETF (NYSEARCA:AMLP) Stock Position Lifted by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 110.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,993 shares of the exchange traded fund’s stock after purchasing an additional 11,009 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Alerian MLP ETF were worth $1,011,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of AMLP. LPL Financial LLC lifted its position in Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after purchasing an additional 275,254 shares during the period. Stephens Inc. AR lifted its holdings in shares of Alerian MLP ETF by 9.7% in the fourth quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock valued at $51,985,000 after buying an additional 95,191 shares during the period. Raymond James & Associates lifted its holdings in shares of Alerian MLP ETF by 2.4% in the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock valued at $50,029,000 after buying an additional 24,674 shares during the period. Naviter Wealth LLC boosted its stake in Alerian MLP ETF by 14.2% during the third quarter. Naviter Wealth LLC now owns 877,080 shares of the exchange traded fund’s stock valued at $41,337,000 after buying an additional 108,804 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in Alerian MLP ETF by 10.7% during the third quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock worth $41,091,000 after acquiring an additional 83,961 shares during the period.

Alerian MLP ETF Trading Up 2.0 %

Shares of Alerian MLP ETF stock opened at $51.38 on Friday. Alerian MLP ETF has a 52 week low of $43.35 and a 52 week high of $53.24. The stock has a market cap of $9.24 billion, a PE ratio of 13.08 and a beta of 0.48. The company’s 50-day moving average price is $50.08 and its two-hundred day moving average price is $48.35.

Alerian MLP ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th will be paid a dividend of $0.97 per share. The ex-dividend date is Wednesday, February 12th. This is a positive change 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.