Alerian MLP ETF (NYSEARCA:AMLP) Shares Sold by Cibc World Markets Corp

Cibc World Markets Corp cut its position in Alerian MLP ETF (NYSEARCA:AMLP) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,056 shares of the exchange traded fund’s stock after selling 3,739 shares during the period. Cibc World Markets Corp’s holdings in Alerian MLP ETF were worth $4,144,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in AMLP. Strategic Financial Concepts LLC acquired a new stake in shares of Alerian MLP ETF in the fourth quarter worth approximately $27,000. City State Bank acquired a new position in Alerian MLP ETF during the fourth quarter worth $40,000. Advisors Asset Management Inc. acquired a new position in Alerian MLP ETF during the third quarter worth $65,000. Geneos Wealth Management Inc. boosted its stake in Alerian MLP ETF by 159.5% during 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 during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in Alerian MLP ETF by 53.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,720 shares of the exchange traded fund’s stock worth $83,000 after buying an additional 600 shares during the last quarter.

Alerian MLP ETF Stock Performance

NYSEARCA AMLP opened at $52.38 on Thursday. The stock’s fifty day moving average is $51.45 and its two-hundred day moving average is $49.15. The firm has a market capitalization of $10.79 billion, a P/E ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a fifty-two week low of $44.21 and a fifty-two week high of $53.24.

Alerian MLP ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, February 12th. This is a positive change 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.