Roxbury Financial LLC Takes Position in Alerian MLP ETF (NYSEARCA:AMLP)

Roxbury Financial LLC acquired a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,745 shares of the exchange traded fund’s stock, valued at approximately $192,000.

Several other institutional investors and hedge funds have also recently modified their holdings of AMLP. SeaCrest Wealth Management LLC raised its holdings in Alerian MLP ETF by 6.2% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 5,784 shares of the exchange traded fund’s stock worth $273,000 after acquiring an additional 336 shares during the last quarter. Teamwork Financial Advisors LLC raised its holdings in Alerian MLP ETF by 89.3% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 9,599 shares of the exchange traded fund’s stock worth $452,000 after purchasing an additional 4,528 shares during the period. Marshall Financial Group LLC purchased a new position in shares of Alerian MLP ETF during the 3rd quarter valued at about $294,000. Onyx Bridge Wealth Group LLC lifted its holdings in Alerian MLP ETF by 3.4% during the third quarter. Onyx Bridge Wealth Group LLC now owns 15,086 shares of the exchange traded fund’s stock valued at $711,000 after purchasing an additional 498 shares in the last quarter. Finally, Stratos Wealth Advisors LLC boosted its holdings in Alerian MLP ETF by 2.9% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 56,975 shares of the exchange traded fund’s stock worth $2,685,000 after buying an additional 1,627 shares during the period.

Alerian MLP ETF Trading Up 0.4 %

NYSEARCA:AMLP opened at $51.57 on Friday. The stock has a market capitalization of $9.28 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12-month low of $43.59 and a 12-month high of $53.24. The stock has a 50-day moving average price of $50.11 and a 200 day moving average price of $48.37.

Alerian MLP ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th will be issued a $0.97 dividend. This is an increase from Alerian MLP ETF’s previous dividend of $0.94. The ex-dividend date is Wednesday, February 12th.

About Alerian MLP ETF

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.