Alerian MLP ETF (NYSEARCA:AMLP) Shares Purchased by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC increased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 19.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,667 shares of the exchange traded fund’s stock after acquiring an additional 7,059 shares during the quarter. Alerian MLP ETF makes up approximately 0.9% of Samalin Investment Counsel LLC’s holdings, making the stock its 23rd biggest holding. Samalin Investment Counsel LLC’s holdings in Alerian MLP ETF were worth $2,103,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of AMLP. Thrivent Financial for Lutherans raised its stake in Alerian MLP ETF by 2.2% during the third quarter. Thrivent Financial for Lutherans now owns 27,448 shares of the exchange traded fund’s stock worth $1,294,000 after acquiring an additional 592 shares during the period. Advisors Asset Management Inc. acquired a new stake in Alerian MLP ETF during the third quarter worth about $65,000. LPL Financial LLC raised its stake in Alerian MLP ETF by 13.0% during the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after acquiring an additional 275,254 shares during the period. Citigroup Inc. raised its stake in Alerian MLP ETF by 5.0% during the third quarter. Citigroup Inc. now owns 106,935 shares of the exchange traded fund’s stock worth $5,040,000 after acquiring an additional 5,065 shares during the period. Finally, Nicolet Advisory Services LLC raised its stake in Alerian MLP ETF by 1.2% during the third quarter. Nicolet Advisory Services LLC now owns 205,175 shares of the exchange traded fund’s stock worth $9,742,000 after acquiring an additional 2,449 shares during the period.

Alerian MLP ETF Trading Down 1.2 %

Shares of NYSEARCA:AMLP opened at $51.60 on Friday. The firm’s 50 day moving average is $51.56 and its two-hundred day moving average is $49.22. Alerian MLP ETF has a 52 week low of $44.21 and a 52 week high of $53.24. The firm has a market capitalization of $10.63 billion, a P/E ratio of 13.99 and a beta of 1.35.

Alerian MLP ETF Increases Dividend

The company also recently declared 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 a positive change from Alerian MLP ETF’s previous dividend of $0.94.

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.