Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by Williams Jones Wealth Management LLC.

Williams Jones Wealth Management LLC. raised its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 4.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 168,398 shares of the exchange traded fund’s stock after buying an additional 6,995 shares during the quarter. Williams Jones Wealth Management LLC. owned about 0.09% of Alerian MLP ETF worth $8,110,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WBI Investments LLC lifted its position in shares of Alerian MLP ETF by 3.1% in the 4th quarter. WBI Investments LLC now owns 10,069 shares of the exchange traded fund’s stock worth $485,000 after buying an additional 307 shares during the last quarter. Texas Bank & Trust Co acquired a new stake in Alerian MLP ETF during the fourth quarter worth about $202,000. Strategic Wealth Partners Ltd. bought a new position in Alerian MLP ETF in the fourth quarter worth about $546,000. Silvercrest Asset Management Group LLC bought a new position in Alerian MLP ETF in the fourth quarter worth about $369,000. Finally, Royal Bank of Canada boosted its stake in Alerian MLP ETF by 5.5% in the fourth quarter. Royal Bank of Canada now owns 1,813,608 shares of the exchange traded fund’s stock valued at $87,343,000 after acquiring an additional 94,164 shares during the period.

Alerian MLP ETF Trading Down 0.7%

NYSEARCA:AMLP opened at $48.80 on Tuesday. The stock has a 50 day moving average of $49.26 and a 200-day moving average of $49.75. The firm has a market capitalization of $10.24 billion, a PE ratio of 12.85 and a beta of 0.68. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, May 19th. Investors of record on Wednesday, May 14th were paid a dividend of $0.98 per share. This is an increase from Alerian MLP ETF’s previous quarterly dividend of $0.95. This represents a $3.92 dividend on an annualized basis and a yield of 8.03%.

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.