Somerset Group LLC maintained its position in shares of Alerian MLP (NYSE:AMLP) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,850 shares of the exchange traded fund’s stock at the end of the second quarter. Somerset Group LLC’s holdings in Alerian MLP were worth $501,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Shields & Co. LLC increased its position in shares of Alerian MLP by 0.6% in the second quarter. Wellington Shields & Co. LLC now owns 47,344 shares of the exchange traded fund’s stock valued at $566,000 after buying an additional 282 shares during the last quarter. Greenleaf Trust increased its position in shares of Alerian MLP by 2.4% in the second quarter. Greenleaf Trust now owns 32,045 shares of the exchange traded fund’s stock valued at $383,000 after buying an additional 750 shares during the last quarter. Northstar Wealth Partners LLC increased its position in shares of Alerian MLP by 10.3% in the second quarter. Northstar Wealth Partners LLC now owns 24,784 shares of the exchange traded fund’s stock valued at $294,000 after buying an additional 2,317 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Alerian MLP by 7.7% in the second quarter. Cullen Frost Bankers Inc. now owns 37,011 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 2,646 shares during the last quarter. Finally, Enterprise Financial Services Corp increased its position in shares of Alerian MLP by 5.0% in the second quarter. Enterprise Financial Services Corp now owns 65,361 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 3,141 shares during the last quarter.

Shares of Alerian MLP (NYSE AMLP) traded down 0.37% on Friday, hitting $10.69. 669,314 shares of the company traded hands. The firm’s 50 day moving average price is $11.75 and its 200-day moving average price is $12.29. Alerian MLP has a 1-year low of $10.65 and a 1-year high of $13.31. Alerian MLP also saw some unusual options trading on Thursday. Stock traders acquired 20,155 call options on the stock. This represents an increase of approximately 1,394% compared to the typical daily volume of 1,349 call options.

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 16th. Investors of record on Friday, August 11th were issued a dividend of $0.215 per share. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $0.86 annualized dividend and a yield of 8.01%.

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Alerian MLP 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.

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Institutional Ownership by Quarter for Alerian MLP (NYSE:AMLP)

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