Proficio Capital Partners LLC Has $781.36 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Proficio Capital Partners LLC lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3,928.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,224,276 shares of the exchange traded fund’s stock after purchasing an additional 15,821,509 shares during the quarter. Proficio Capital Partners LLC owned approximately 9.02% of Alerian MLP ETF worth $781,361,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of AMLP. Capital Investment Advisory Services LLC boosted its stake in Alerian MLP ETF by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 222 shares in the last quarter. Mach 1 Financial Group LLC boosted its stake in Alerian MLP ETF by 2.4% in the 3rd quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $494,000 after buying an additional 244 shares in the last quarter. Auour Investments LLC boosted its stake in Alerian MLP ETF by 1.4% in the 4th quarter. Auour Investments LLC now owns 17,948 shares of the exchange traded fund’s stock valued at $926,000 after buying an additional 249 shares in the last quarter. Savant Capital LLC boosted its stake in Alerian MLP ETF by 1.0% in the 4th quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock valued at $1,260,000 after buying an additional 255 shares in the last quarter. Finally, Kathleen S. Wright Associates Inc. boosted its stake in Alerian MLP ETF by 17.1% in the 4th 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 Price Performance

Shares of AMLP stock opened at $51.40 on Thursday. The stock’s fifty day simple moving average is $50.62 and its 200 day simple moving average is $48.65. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 14.01 and a beta of 1.38. 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 business also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were paid a $0.97 dividend. 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.