10,622 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Acquired by Strategic Wealth Partners Ltd.

Strategic Wealth Partners Ltd. acquired a new position in Alerian MLP ETF (NYSEARCA:AMLP) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,622 shares of the exchange traded fund’s stock, valued at approximately $546,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new position in shares of Alerian MLP ETF in the fourth quarter worth approximately $27,000. Mark Sheptoff Financial Planning LLC lifted its stake in shares of Alerian MLP ETF by 400.0% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 625 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 500 shares during the period. Hurley Capital LLC acquired a new position in shares of Alerian MLP ETF in the fourth quarter worth approximately $32,000. 1620 Investment Advisors Inc. acquired a new position in shares of Alerian MLP ETF in the fourth quarter worth approximately $38,000. Finally, Capital Analysts LLC lifted its stake in shares of Alerian MLP ETF by 102.8% in the fourth quarter. Capital Analysts LLC now owns 955 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 484 shares during the period.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $49.14 on Monday. The stock’s 50 day moving average is $49.30 and its 200 day moving average is $49.73. The firm has a market cap of $10.31 billion, a P/E ratio of 12.85 and a beta of 0.68. Alerian MLP ETF has a one year low of $43.75 and a one year high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, May 19th. Investors of record on Wednesday, May 14th will be paid a $0.98 dividend. This is a positive change from Alerian MLP ETF’s previous quarterly dividend of $0.95. This represents a $3.92 dividend on an annualized basis and a dividend yield of 7.98%.

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.