Commonwealth Equity Services LLC Reduces Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Commonwealth Equity Services LLC lowered its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 674,956 shares of the exchange traded fund’s stock after selling 11,006 shares during the quarter. Commonwealth Equity Services LLC owned 0.38% of Alerian MLP ETF worth $32,506,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of AMLP. Harbour Investments Inc. boosted its holdings in Alerian MLP ETF by 9.9% during the 3rd quarter. Harbour Investments Inc. now owns 14,007 shares of the exchange traded fund’s stock valued at $660,000 after acquiring an additional 1,259 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Alerian MLP ETF by 2.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 82,108 shares of the exchange traded fund’s stock valued at $3,870,000 after acquiring an additional 1,587 shares during the period. Huntington National Bank boosted its holdings in Alerian MLP ETF by 8.1% during the 3rd quarter. Huntington National Bank now owns 6,596 shares of the exchange traded fund’s stock valued at $311,000 after acquiring an additional 492 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in Alerian MLP ETF by 36.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,986 shares of the exchange traded fund’s stock valued at $848,000 after acquiring an additional 4,780 shares during the period. Finally, GoalVest Advisory LLC lifted its holdings in shares of Alerian MLP ETF by 8.5% in the 3rd quarter. GoalVest Advisory LLC now owns 24,443 shares of the exchange traded fund’s stock worth $1,152,000 after buying an additional 1,907 shares during the period.

Alerian MLP ETF Trading Up 2.1 %

Shares of AMLP stock opened at $51.49 on Friday. Alerian MLP ETF has a twelve month low of $44.21 and a twelve month high of $53.24. The stock has a market capitalization of $10.61 billion, a price-to-earnings ratio of 13.99 and a beta of 1.35. The stock has a fifty day simple moving average of $51.26 and a two-hundred day simple moving average of $49.04.

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 issued a $0.97 dividend. This is a boost from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date was Wednesday, February 12th.

About Alerian MLP ETF

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.