Moloney Securities Asset Management LLC Acquires 3,108 Shares of Alerian MLP ETF (AMLP)

Moloney Securities Asset Management LLC boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 14.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,313 shares of the exchange traded fund’s stock after acquiring an additional 3,108 shares during the period. Moloney Securities Asset Management LLC’s holdings in Alerian MLP ETF were worth $212,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of AMLP. Sonora Investment Management LLC lifted its position in Alerian MLP ETF by 84.0% during the 4th quarter. Sonora Investment Management LLC now owns 5,520 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 2,520 shares during the period. MRA Associates USA LLC purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $61,000. Highwater Wealth Management LLC purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $85,000. Cypress Capital Management LLC WY lifted its position in Alerian MLP ETF by 76.6% during the 4th quarter. Cypress Capital Management LLC WY now owns 9,976 shares of the exchange traded fund’s stock valued at $87,000 after acquiring an additional 4,326 shares during the period. Finally, Scotia Capital Inc. purchased a new position in Alerian MLP ETF during the 4th quarter valued at about $91,000.

Shares of NYSEARCA AMLP opened at $9.75 on Friday. Alerian MLP ETF has a 1 year low of $8.27 and a 1 year high of $11.41.

The company also recently announced a quarterly dividend, which was paid on Thursday, February 21st. Shareholders of record on Friday, February 15th were issued a $0.195 dividend. The ex-dividend date of this dividend was Thursday, February 14th. This represents a $0.78 annualized dividend and a yield of 8.00%.

COPYRIGHT VIOLATION WARNING: “Moloney Securities Asset Management LLC Acquires 3,108 Shares of Alerian MLP ETF (AMLP)” was posted by Fairfield Current and is owned by of Fairfield Current. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and international copyright & trademark legislation. The correct version of this report can be read at https://www.fairfieldcurrent.com/news/2019/03/03/moloney-securities-asset-management-llc-acquires-3108-shares-of-alerian-mlp-etf-amlp.html.

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.

Read More: What is a Roth IRA?

Receive News & Ratings for Alerian MLP ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Alerian MLP ETF and related companies with MarketBeat.com’s FREE daily email newsletter.