Tyler Stone Wealth Management Purchases 359 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Tyler Stone Wealth Management grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 1.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,801 shares of the exchange traded fund’s stock after purchasing an additional 359 shares during the period. Tyler Stone Wealth Management’s holdings in Alerian MLP ETF were worth $1,050,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Thrivent Financial for Lutherans raised its position in Alerian MLP ETF by 2.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 27,448 shares of the exchange traded fund’s stock worth $1,294,000 after purchasing an additional 592 shares during the period. Advisors Asset Management Inc. purchased a new stake in shares of Alerian MLP ETF in the third quarter worth approximately $65,000. Citigroup Inc. lifted its stake in shares of Alerian MLP ETF by 5.0% during the 3rd quarter. Citigroup Inc. now owns 106,935 shares of the exchange traded fund’s stock worth $5,040,000 after acquiring an additional 5,065 shares during the last quarter. Cerity Partners LLC boosted its holdings in Alerian MLP ETF by 15.8% during the 3rd quarter. Cerity Partners LLC now owns 90,620 shares of the exchange traded fund’s stock valued at $4,271,000 after acquiring an additional 12,391 shares during the period. Finally, Douglass Winthrop Advisors LLC grew its position in Alerian MLP ETF by 16.5% in the 3rd quarter. Douglass Winthrop Advisors LLC now owns 7,055 shares of the exchange traded fund’s stock valued at $333,000 after acquiring an additional 1,000 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of AMLP opened at $51.94 on Wednesday. The firm has a market capitalization of $10.70 billion, a price-to-earnings ratio of 13.99 and a beta of 1.35. The company has a 50-day moving average of $51.63 and a 200 day moving average of $49.31. Alerian MLP ETF has a 1-year low of $44.21 and a 1-year high of $53.24.

Alerian MLP ETF Increases Dividend

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

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.