Alerian MLP ETF (NYSEARCA:AMLP) Shares Bought by Oxbow Advisors LLC

Oxbow Advisors LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 400.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 157,139 shares of the exchange traded fund’s stock after acquiring an additional 125,748 shares during the quarter. Alerian MLP ETF comprises about 0.9% of Oxbow Advisors LLC’s portfolio, making the stock its 28th largest position. Oxbow Advisors LLC owned about 0.09% of Alerian MLP ETF worth $7,568,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ashton Thomas Securities LLC acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at about $28,000. City State Bank acquired a new position in shares of Alerian MLP ETF in the 4th quarter valued at about $40,000. Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at about $65,000. Rosenberg Matthew Hamilton lifted its holdings in shares of Alerian MLP ETF by 803.5% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock valued at $73,000 after buying an additional 1,374 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Alerian MLP ETF by 159.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 965 shares during the period.

Alerian MLP ETF Stock Down 1.0 %

Shares of AMLP stock opened at $51.71 on Friday. The stock has a market cap of $9.30 billion, a PE ratio of 13.08 and a beta of 0.48. The business has a 50-day simple moving average of $50.40 and a 200-day simple moving average of $48.53. Alerian MLP ETF has a 52-week low of $44.21 and a 52-week high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were issued a $0.97 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This is a boost 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.