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SignalPoint Asset Management LLC raised its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 15.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,711 shares of the exchange traded fund’s stock after acquiring an additional 6,942 shares during the quarter. SignalPoint Asset Management LLC’s holdings in Alerian MLP ETF were worth $451,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Legacy Capital Partners Inc. grew its stake in shares of Alerian MLP ETF by 12.4% in the 4th quarter. Legacy Capital Partners Inc. now owns 22,700 shares of the exchange traded fund’s stock valued at $198,000 after buying an additional 2,500 shares in the last quarter. Evanson Asset Management LLC lifted its stake in Alerian MLP ETF by 12.5% in the third quarter. Evanson Asset Management LLC now owns 43,500 shares of the exchange traded fund’s stock valued at $465,000 after buying an additional 4,828 shares during the period. Bank of New York Mellon Corp lifted its stake in Alerian MLP ETF by 1.1% in the second quarter. Bank of New York Mellon Corp now owns 472,857 shares of the exchange traded fund’s stock valued at $4,776,000 after buying an additional 5,049 shares during the period. Rothschild Investment Corp IL raised its position in shares of Alerian MLP ETF by 30.1% during the third quarter. Rothschild Investment Corp IL now owns 22,500 shares of the exchange traded fund’s stock worth $240,000 after purchasing an additional 5,200 shares during the period. Finally, Novare Capital Management LLC raised its position in shares of Alerian MLP ETF by 1.6% during the third quarter. Novare Capital Management LLC now owns 345,774 shares of the exchange traded fund’s stock worth $3,693,000 after purchasing an additional 5,400 shares during the period.
AMLP stock traded down $0.08 during mid-day trading on Thursday, reaching $9.86. The company had a trading volume of 15,800,582 shares, compared to its average volume of 22,924,600. Alerian MLP ETF has a 52 week low of $8.27 and a 52 week high of $11.41.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 21st. Shareholders of record on Friday, February 15th will be issued a $0.195 dividend. The ex-dividend date is Thursday, February 14th. This represents a $0.78 annualized dividend and a yield of 7.91%.
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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.
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