Level Four Advisory Services LLC Has $954,000 Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Level Four Advisory Services LLC grew its position in Alerian MLP ETF (NYSEARCA:AMLP) by 2.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,806 shares of the exchange traded fund’s stock after purchasing an additional 461 shares during the period. Level Four Advisory Services LLC’s holdings in Alerian MLP ETF were worth $954,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Blair William & Co. IL grew its holdings in shares of Alerian MLP ETF by 2.2% during the fourth quarter. Blair William & Co. IL now owns 504,193 shares of the exchange traded fund’s stock valued at $24,282,000 after buying an additional 10,879 shares in the last quarter. AssuredPartners Investment Advisors LLC acquired a new stake in Alerian MLP ETF during the 4th quarter worth about $505,000. JPMorgan Chase & Co. grew its stake in Alerian MLP ETF by 22.6% during the 4th quarter. JPMorgan Chase & Co. now owns 65,240 shares of the exchange traded fund’s stock valued at $3,142,000 after acquiring an additional 12,026 shares in the last quarter. Tyler Stone Wealth Management lifted its position in shares of Alerian MLP ETF by 1.7% in the fourth quarter. Tyler Stone Wealth Management now owns 21,801 shares of the exchange traded fund’s stock worth $1,050,000 after purchasing an additional 359 shares in the last quarter. Finally, Mark Sheptoff Financial Planning LLC boosted its holdings in shares of Alerian MLP ETF by 400.0% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 625 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 500 shares during the period.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $52.07 on Monday. The firm’s 50 day moving average price is $51.68 and its two-hundred day moving average price is $49.43. The firm has a market cap of $10.73 billion, a PE ratio of 13.99 and a beta of 1.35. Alerian MLP ETF has a twelve month low of $44.21 and a twelve month high of $53.24.

Alerian MLP ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 18th. Investors of record on Wednesday, February 12th were issued 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.

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.