one8zero8 LLC Invests $790,000 in Alerian MLP ETF (NYSEARCA:AMLP)

one8zero8 LLC acquired a new position in Alerian MLP ETF (NYSEARCA:AMLP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,400 shares of the exchange traded fund’s stock, valued at approximately $790,000.

Several other large investors also recently bought and sold shares of AMLP. Harbour Investments Inc. grew its position in Alerian MLP ETF by 9.9% during the 3rd quarter. Harbour Investments Inc. now owns 14,007 shares of the exchange traded fund’s stock worth $660,000 after purchasing an additional 1,259 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in Alerian MLP ETF by 2.0% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 82,108 shares of the exchange traded fund’s stock worth $3,870,000 after purchasing an additional 1,587 shares during the last quarter. Huntington National Bank grew its position in Alerian MLP ETF by 8.1% during the 3rd quarter. Huntington National Bank now owns 6,596 shares of the exchange traded fund’s stock worth $311,000 after purchasing an additional 492 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in Alerian MLP ETF by 36.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 17,986 shares of the exchange traded fund’s stock worth $848,000 after purchasing an additional 4,780 shares during the last quarter. Finally, GoalVest Advisory LLC lifted its stake in Alerian MLP ETF by 8.5% during the 3rd quarter. GoalVest Advisory LLC now owns 24,443 shares of the exchange traded fund’s stock valued at $1,152,000 after acquiring an additional 1,907 shares during the period.

Alerian MLP ETF Trading Up 2.1 %

Shares of NYSEARCA AMLP opened at $51.49 on Friday. Alerian MLP ETF has a 12 month low of $44.21 and a 12 month high of $53.24. The company has a 50 day simple moving average of $51.26 and a two-hundred day simple moving average of $49.04. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 13.99 and a beta of 1.35.

Alerian MLP ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.97 per share. This is a boost from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date was Wednesday, February 12th.

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.