VisionPoint Advisory Group LLC Has $2.71 Million Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

VisionPoint Advisory Group LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 44.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,704 shares of the exchange traded fund’s stock after acquiring an additional 17,034 shares during the period. Alerian MLP ETF accounts for 0.9% of VisionPoint Advisory Group LLC’s portfolio, making the stock its 24th largest position. VisionPoint Advisory Group LLC’s holdings in Alerian MLP ETF were worth $2,714,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after acquiring an additional 275,254 shares during the last quarter. Stephens Inc. AR increased its holdings in 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 purchasing an additional 95,191 shares during the last quarter. HighTower Advisors LLC lifted its stake in Alerian MLP ETF by 10.7% in the third quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock valued at $41,091,000 after buying an additional 83,961 shares during the period. Hilton Capital Management LLC bought a new position in Alerian MLP ETF during the third quarter worth about $31,562,000. Finally, EP Wealth Advisors LLC boosted its holdings in Alerian MLP ETF by 10,423.5% during the third quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after buying an additional 506,582 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $52.24 on Friday. The stock has a market cap of $9.40 billion, a PE ratio of 13.08 and a beta of 0.48. The stock has a 50-day moving average of $50.35 and a 200-day moving average of $48.49. Alerian MLP ETF has a one year low of $44.21 and a one year 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 paid a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This is an increase 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.