Alerian MLP ETF (NYSEARCA:AMLP) Shares Bought by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,904 shares of the exchange traded fund’s stock after buying an additional 760 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Alerian MLP ETF were worth $1,007,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Stratos Wealth Advisors LLC increased its stake in Alerian MLP ETF by 2.9% during the third quarter. Stratos Wealth Advisors LLC now owns 56,975 shares of the exchange traded fund’s stock worth $2,685,000 after purchasing an additional 1,627 shares during the period. Blue Trust Inc. increased its stake in Alerian MLP ETF by 181.9% during the third quarter. Blue Trust Inc. now owns 31,571 shares of the exchange traded fund’s stock worth $1,515,000 after purchasing an additional 20,370 shares during the period. Raymond James & Associates increased its stake in Alerian MLP ETF by 2.4% during the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after purchasing an additional 24,674 shares during the period. Commonwealth Equity Services LLC increased its stake in Alerian MLP ETF by 3.0% during the third quarter. Commonwealth Equity Services LLC now owns 685,962 shares of the exchange traded fund’s stock worth $32,329,000 after purchasing an additional 20,243 shares during the period. Finally, Cyndeo Wealth Partners LLC increased its stake in Alerian MLP ETF by 3.4% during the third quarter. Cyndeo Wealth Partners LLC now owns 64,404 shares of the exchange traded fund’s stock worth $3,035,000 after purchasing an additional 2,105 shares during the period.

Alerian MLP ETF Price Performance

Shares of NYSEARCA:AMLP opened at $51.57 on Monday. The firm has a market capitalization of $9.28 billion, a PE ratio of 13.08 and a beta of 0.48. The firm’s 50-day moving average is $50.11 and its two-hundred day moving average is $48.37. Alerian MLP ETF has a 1 year low of $43.59 and a 1 year high of $53.24.

Alerian MLP ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th will be paid a dividend of $0.97 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This is a positive change from Alerian MLP ETF’s previous dividend of $0.94.

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.