Stonebridge Capital Advisors LLC lifted its stake in shares of Alerian MLP (NYSEARCA:AMLP) by 32.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,925 shares of the exchange traded fund’s stock after acquiring an additional 10,000 shares during the quarter. Stonebridge Capital Advisors LLC’s holdings in Alerian MLP were worth $459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Schroder Investment Management Group bought a new stake in Alerian MLP in the second quarter worth approximately $133,000. Colony Group LLC bought a new stake in Alerian MLP in the second quarter worth approximately $135,000. Frontier Investment Mgmt Co. bought a new stake in Alerian MLP in the second quarter worth approximately $138,000. Argent Trust Co bought a new stake in Alerian MLP in the second quarter worth approximately $139,000. Finally, Tocqueville Asset Management L.P. increased its holdings in Alerian MLP by 5.7% in the second quarter. Tocqueville Asset Management L.P. now owns 13,475 shares of the exchange traded fund’s stock worth $161,000 after purchasing an additional 725 shares in the last quarter.

Shares of Alerian MLP (AMLP) traded up $0.11 during mid-day trading on Wednesday, reaching $10.84. The company’s stock had a trading volume of 24,391,600 shares, compared to its average volume of 10,353,536. Alerian MLP has a 1-year low of $9.79 and a 1-year high of $13.31.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Friday, November 10th were issued a dividend of $0.2052 per share. The ex-dividend date was Thursday, November 9th. This represents a $0.82 annualized dividend and a dividend yield of 7.57%. Alerian MLP’s dividend payout ratio is 41.75%.

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Alerian MLP 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 (NYSEARCA:AMLP)

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