Johnson Investment Counsel Inc. Acquires Shares of 54,090 Alerian MLP ETF (NYSEARCA:AMLP)

Johnson Investment Counsel Inc. bought a new position in shares of Alerian MLP ETF (NYSEARCA:AMLP) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 54,090 shares of the exchange traded fund’s stock, valued at approximately $2,605,000.

Several other institutional investors also recently made changes to their positions in the stock. Proficio Capital Partners LLC boosted its position in shares of Alerian MLP ETF by 3,928.2% during the 4th quarter. Proficio Capital Partners LLC now owns 16,224,276 shares of the exchange traded fund’s stock worth $781,361,000 after purchasing an additional 15,821,509 shares in the last quarter. LPL Financial LLC boosted its position in shares of Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after purchasing an additional 275,254 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Alerian MLP ETF during the 4th quarter worth $104,132,000. Stephens Inc. AR boosted its position in shares of Alerian MLP ETF by 9.7% during the 4th quarter. Stephens Inc. AR now owns 1,079,417 shares of the exchange traded fund’s stock worth $51,985,000 after purchasing an additional 95,191 shares in the last quarter. Finally, Naviter Wealth LLC boosted its position in shares of Alerian MLP ETF by 22.3% during the 4th quarter. Naviter Wealth LLC now owns 1,072,407 shares of the exchange traded fund’s stock worth $51,647,000 after purchasing an additional 195,327 shares in the last quarter.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $50.65 on Wednesday. The firm has a market capitalization of $10.42 billion, a P/E ratio of 14.01 and a beta of 1.38. Alerian MLP ETF has a one year low of $44.21 and a one year high of $53.24. The company’s fifty day moving average is $51.12 and its two-hundred day moving average is $48.96.

Alerian MLP ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Wednesday, February 12th were given 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 of this dividend 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.