16,787 Shares in Alerian MLP ETF $AMLP Acquired by Clear Trail Advisors LLC

Clear Trail Advisors LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 16,787 shares of the exchange traded fund’s stock, valued at approximately $789,000.

Several other institutional investors have also added to or reduced their stakes in AMLP. Brighton Jones LLC increased its holdings in Alerian MLP ETF by 19.4% in the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after buying an additional 7,280 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Alerian MLP ETF by 3.2% during the 2nd quarter. Franklin Resources Inc. now owns 38,235 shares of the exchange traded fund’s stock valued at $1,868,000 after acquiring an additional 1,198 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Alerian MLP ETF in the second quarter worth approximately $4,652,000. CreativeOne Wealth LLC grew its stake in shares of Alerian MLP ETF by 89.7% in the second quarter. CreativeOne Wealth LLC now owns 9,402 shares of the exchange traded fund’s stock worth $459,000 after acquiring an additional 4,446 shares during the period. Finally, Jaffetilchin Investment Partners LLC raised its holdings in shares of Alerian MLP ETF by 2.7% during the second quarter. Jaffetilchin Investment Partners LLC now owns 61,191 shares of the exchange traded fund’s stock valued at $2,990,000 after purchasing an additional 1,619 shares during the last quarter.

Alerian MLP ETF Stock Up 0.5%

Shares of Alerian MLP ETF stock opened at $53.11 on Tuesday. The company has a market cap of $11.97 billion, a price-to-earnings ratio of 14.17 and a beta of 0.70. The company’s 50 day moving average is $51.09 and its 200 day moving average is $48.44. Alerian MLP ETF has a twelve month low of $43.75 and a twelve month high of $53.50.

Alerian MLP ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Wednesday, February 11th were paid a dividend of $1.01 per share. The ex-dividend date was Wednesday, February 11th. This represents a $4.04 dividend on an annualized basis and a yield of 7.6%. This is a boost from Alerian MLP ETF’s previous quarterly dividend of $1.00.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).