Orion Portfolio Solutions LLC Has $11.33 Million Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Orion Portfolio Solutions LLC decreased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 19.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 235,156 shares of the exchange traded fund’s stock after selling 56,621 shares during the quarter. Orion Portfolio Solutions LLC owned about 0.13% of Alerian MLP ETF worth $11,325,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Mark Sheptoff Financial Planning LLC raised its stake in Alerian MLP ETF by 400.0% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 625 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 500 shares during the last quarter. 1620 Investment Advisors Inc. bought a new position in shares of Alerian MLP ETF in the 4th quarter worth about $38,000. City State Bank acquired a new position in shares of Alerian MLP ETF in the 4th quarter valued at about $40,000. Flagship Wealth Advisors LLC bought a new stake in shares of Alerian MLP ETF during the 4th quarter valued at about $63,000. Finally, Advisors Asset Management Inc. acquired a new stake in Alerian MLP ETF during the third quarter worth approximately $65,000.

Alerian MLP ETF Stock Performance

Shares of AMLP opened at $52.07 on Friday. The firm has a market cap of $10.73 billion, a PE ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a 52-week low of $44.21 and a 52-week high of $53.24. The business’s 50 day moving average price is $51.68 and its two-hundred day moving average price is $49.39.

Alerian MLP ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Investors 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.

Alerian MLP ETF 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.