30,635 Shares in Alerian MLP ETF (NYSEARCA:AMLP) Bought by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV purchased a new position in Alerian MLP ETF (NYSEARCA:AMLP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 30,635 shares of the exchange traded fund’s stock, valued at approximately $1,490,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Auour Investments LLC increased its stake in shares of Alerian MLP ETF by 1.4% in the fourth quarter. Auour Investments LLC now owns 17,948 shares of the exchange traded fund’s stock worth $926,000 after buying an additional 249 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of Alerian MLP ETF by 22.6% in the fourth quarter. Concurrent Investment Advisors LLC now owns 13,020 shares of the exchange traded fund’s stock worth $627,000 after buying an additional 2,402 shares during the last quarter. School Employees Retirement Board of Ohio increased its stake in shares of Alerian MLP ETF by 63.1% in the fourth quarter. School Employees Retirement Board of Ohio now owns 506,822 shares of the exchange traded fund’s stock worth $24,409,000 after buying an additional 196,124 shares during the last quarter. Advyzon Investment Management LLC bought a new stake in shares of Alerian MLP ETF in the fourth quarter worth $750,000. Finally, WealthBridge Capital Management LLC increased its stake in Alerian MLP ETF by 10.4% during the fourth quarter. WealthBridge Capital Management LLC now owns 48,757 shares of the exchange traded fund’s stock valued at $2,348,000 after purchasing an additional 4,583 shares during the last quarter.

Alerian MLP ETF Price Performance

AMLP stock opened at $52.24 on Friday. Alerian MLP ETF has a 1-year low of $44.21 and a 1-year high of $53.24. The firm has a fifty day moving average price of $50.35 and a two-hundred day moving average price of $48.49. The firm has a market cap of $9.40 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF Increases Dividend

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