Aviance Capital Partners LLC Sells 361 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Aviance Capital Partners LLC reduced its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 34,902 shares of the exchange traded fund’s stock after selling 361 shares during the period. Aviance Capital Partners LLC’s holdings in Alerian MLP ETF were worth $1,681,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Strategic Financial Concepts LLC bought a new position in shares of Alerian MLP ETF in the fourth quarter worth $27,000. Ashton Thomas Securities LLC purchased a new stake in shares of Alerian MLP ETF in the third quarter worth $28,000. City State Bank purchased a new stake in shares of Alerian MLP ETF in the fourth quarter worth $40,000. Advisors Asset Management Inc. purchased a new stake in shares of Alerian MLP ETF in the third quarter worth $65,000. Finally, Geneos Wealth Management Inc. raised its position in shares of Alerian MLP ETF by 159.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 1,570 shares of the exchange traded fund’s stock worth $76,000 after buying an additional 965 shares in the last quarter.

Alerian MLP ETF Stock Performance

Shares of AMLP stock opened at $49.64 on Friday. Alerian MLP ETF has a 52-week low of $44.21 and a 52-week high of $53.24. The company has a market capitalization of $10.22 billion, a PE ratio of 14.01 and a beta of 1.38. The business’s fifty day moving average is $50.93 and its 200 day moving average is $48.85.

Alerian MLP ETF Increases Dividend

The company also recently declared 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 an increase 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.