Sigma Planning Corp Raises Position in Alerian MLP ETF (NYSEARCA:AMLP)

Sigma Planning Corp grew its position in Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 32.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,724 shares of the exchange traded fund’s stock after acquiring an additional 12,700 shares during the period. Sigma Planning Corp’s holdings in Alerian MLP ETF were worth $2,491,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC boosted its holdings in shares of Alerian MLP ETF by 38.8% in the fourth quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock valued at $1,566,000 after acquiring an additional 9,088 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in Alerian MLP ETF by 532.8% during the third quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock worth $927,000 after buying an additional 16,560 shares in the last quarter. Advisors Asset Management Inc. purchased a new stake in Alerian MLP ETF during the third quarter worth about $65,000. Strategic Financial Concepts LLC purchased a new stake in Alerian MLP ETF during the fourth quarter worth about $27,000. Finally, Benjamin Edwards Inc. boosted its holdings in Alerian MLP ETF by 123.2% during the third quarter. Benjamin Edwards Inc. now owns 45,452 shares of the exchange traded fund’s stock worth $2,142,000 after buying an additional 25,090 shares in the last quarter.

Alerian MLP ETF Trading Down 1.0 %

AMLP stock opened at $51.71 on Friday. The company has a market cap of $9.30 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $44.21 and a 52 week high of $53.24. The company’s 50-day moving average price is $50.40 and its 200 day moving average price is $48.54.

Alerian MLP ETF Increases Dividend

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

About Alerian MLP ETF

(Free Report)

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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