Edge Capital Group LLC Grows Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Edge Capital Group LLC grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 43.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,993 shares of the exchange traded fund’s stock after acquiring an additional 2,421 shares during the quarter. Edge Capital Group LLC’s holdings in Alerian MLP ETF were worth $385,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Capital Investment Advisory Services LLC boosted its stake in Alerian MLP ETF by 2.8% in the 4th quarter. Capital Investment Advisory Services LLC now owns 8,024 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 222 shares in the last quarter. Mach 1 Financial Group LLC raised its holdings in shares of Alerian MLP ETF by 2.4% in the third quarter. Mach 1 Financial Group LLC now owns 10,487 shares of the exchange traded fund’s stock worth $494,000 after buying an additional 244 shares during the last quarter. Auour Investments LLC raised its holdings in shares of Alerian MLP ETF by 1.4% in the fourth quarter. Auour Investments LLC now owns 17,948 shares of the exchange traded fund’s stock worth $926,000 after buying an additional 249 shares during the last quarter. Savant Capital LLC lifted its stake in shares of Alerian MLP ETF by 1.0% during the fourth quarter. Savant Capital LLC now owns 26,171 shares of the exchange traded fund’s stock worth $1,260,000 after buying an additional 255 shares during the period. Finally, Kathleen S. Wright Associates Inc. grew its holdings in shares of Alerian MLP ETF by 17.1% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 1,810 shares of the exchange traded fund’s stock valued at $87,000 after buying an additional 264 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $51.41 on Tuesday. The business has a fifty day moving average of $50.47 and a 200 day moving average of $48.59. Alerian MLP ETF has a 1 year low of $44.21 and a 1 year high of $53.24. The firm has a market capitalization of $9.25 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Stockholders of record on Wednesday, February 12th were paid a $0.97 dividend. 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 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.