D.A. Davidson & CO. Purchases 44,425 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

D.A. Davidson & CO. lifted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 39.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,692 shares of the exchange traded fund’s stock after acquiring an additional 44,425 shares during the quarter. D.A. Davidson & CO. owned 0.09% of Alerian MLP ETF worth $7,498,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC bought a new stake in shares of Alerian MLP ETF in the 4th quarter worth about $27,000. Ashton Thomas Securities LLC purchased a new position in Alerian MLP ETF in the 3rd quarter worth about $28,000. City State Bank purchased a new position in Alerian MLP ETF in the 4th quarter worth about $40,000. Advisors Asset Management Inc. purchased a new position in Alerian MLP ETF in the 3rd quarter worth about $65,000. Finally, Rosenberg Matthew Hamilton increased its stake in Alerian MLP ETF by 803.5% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 1,545 shares of the exchange traded fund’s stock worth $73,000 after buying an additional 1,374 shares during the period.

Alerian MLP ETF Price Performance

AMLP stock opened at $52.16 on Thursday. The company has a market capitalization of $9.38 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12 month low of $44.21 and a 12 month high of $53.24. The firm’s 50-day moving average is $50.29 and its 200 day moving average is $48.46.

Alerian MLP ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were paid a $0.97 dividend. 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.

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.