Alerian MLP ETF (NYSEARCA:AMLP) Shares Acquired by US Bancorp DE

US Bancorp DE lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 347,742 shares of the exchange traded fund’s stock after acquiring an additional 2,386 shares during the quarter. US Bancorp DE owned 0.19% of Alerian MLP ETF worth $16,747,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in AMLP. Proficio Capital Partners LLC grew its position in Alerian MLP ETF by 3,928.2% during the fourth quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock worth $781,361,000 after buying an additional 15,821,509 shares during the period. Hilton Capital Management LLC acquired a new position in Alerian MLP ETF during the third quarter worth about $31,562,000. EP Wealth Advisors LLC grew its position in Alerian MLP ETF by 10,423.5% during the third quarter. EP Wealth Advisors LLC now owns 511,442 shares of the exchange traded fund’s stock worth $24,104,000 after buying an additional 506,582 shares during the period. LPL Financial LLC grew its position 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 buying an additional 275,254 shares during the period. Finally, Crescent Grove Advisors LLC acquired a new position in Alerian MLP ETF during the fourth quarter worth about $12,868,000.

Alerian MLP ETF Price Performance

Shares of NYSEARCA AMLP opened at $51.57 on Tuesday. Alerian MLP ETF has a 12-month low of $44.21 and a 12-month high of $53.24. The company has a market capitalization of $10.61 billion, a PE ratio of 14.01 and a beta of 1.38. The firm’s 50-day moving average is $50.86 and its two-hundred day moving average is $48.81.

Alerian MLP ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th were issued a $0.97 dividend. The ex-dividend date was Wednesday, February 12th. This is an increase 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.