Alerian MLP ETF $AMLP Shares Acquired by Citigroup Inc.

Citigroup Inc. lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 19.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,874 shares of the exchange traded fund’s stock after acquiring an additional 26,242 shares during the quarter. Citigroup Inc. owned 0.07% of Alerian MLP ETF worth $7,691,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Fortis Advisors LLC boosted its position in Alerian MLP ETF by 2.0% during the third quarter. Fortis Advisors LLC now owns 14,286 shares of the exchange traded fund’s stock worth $670,000 after purchasing an additional 285 shares in the last quarter. Berkeley Capital Partners LLC raised its stake in shares of Alerian MLP ETF by 0.4% during the 3rd quarter. Berkeley Capital Partners LLC now owns 62,633 shares of the exchange traded fund’s stock worth $2,939,000 after buying an additional 248 shares during the period. Pekin Hardy Strauss Inc. lifted its position in shares of Alerian MLP ETF by 1.7% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 52,591 shares of the exchange traded fund’s stock valued at $2,468,000 after buying an additional 880 shares in the last quarter. Wealth Alliance LLC lifted its position in shares of Alerian MLP ETF by 7.4% during the 3rd quarter. Wealth Alliance LLC now owns 293,463 shares of the exchange traded fund’s stock valued at $13,772,000 after buying an additional 20,137 shares in the last quarter. Finally, HC Advisors LLC grew its stake in Alerian MLP ETF by 21.8% in the 3rd quarter. HC Advisors LLC now owns 43,206 shares of the exchange traded fund’s stock valued at $2,028,000 after acquiring an additional 7,727 shares during the period.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $52.04 on Monday. The firm has a fifty day moving average of $49.41 and a 200 day moving average of $47.95. The firm has a market cap of $11.73 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a one year low of $43.75 and a one year high of $52.58.

Alerian MLP ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Wednesday, February 11th were paid a $1.01 dividend. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $4.04 dividend on an annualized basis and a yield of 7.8%. This is a boost from Alerian MLP ETF’s previous quarterly dividend of $1.00.

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. 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).