Wealthcare Advisory Partners LLC purchased a new position in shares of Alerian MLP (NYSEARCA:AMLP) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,738 shares of the exchange traded fund’s stock, valued at approximately $143,000.

Several other large investors also recently made changes to their positions in the company. Tocqueville Asset Management L.P. increased its holdings in shares of Alerian MLP by 5.7% during the second quarter. Tocqueville Asset Management L.P. now owns 13,475 shares of the exchange traded fund’s stock worth $161,000 after buying an additional 725 shares in the last quarter. Davidson & Garrard Inc. increased its holdings in shares of Alerian MLP by 2.4% during the second quarter. Davidson & Garrard Inc. now owns 42,350 shares of the exchange traded fund’s stock worth $507,000 after buying an additional 1,000 shares in the last quarter. Cutter & CO Brokerage Inc. increased its holdings in shares of Alerian MLP by 4.1% during the second quarter. Cutter & CO Brokerage Inc. now owns 28,220 shares of the exchange traded fund’s stock worth $338,000 after buying an additional 1,100 shares in the last quarter. Laurel Wealth Advisors Inc. increased its holdings in shares of Alerian MLP by 11.4% during the second quarter. Laurel Wealth Advisors Inc. now owns 18,156 shares of the exchange traded fund’s stock worth $217,000 after buying an additional 1,863 shares in the last quarter. Finally, Kalos Management Inc. increased its holdings in shares of Alerian MLP by 4.3% during the second quarter. Kalos Management Inc. now owns 57,724 shares of the exchange traded fund’s stock worth $690,000 after buying an additional 2,400 shares in the last quarter.

Shares of Alerian MLP (AMLP) traded up $0.11 during trading on Thursday, hitting $10.92. 20,644,801 shares of the company traded hands, compared to its average volume of 10,396,416. Alerian MLP has a one year low of $9.79 and a one year high of $13.31.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, November 10th were paid a $0.2052 dividend. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.82 annualized dividend and a dividend yield of 7.52%. Alerian MLP’s dividend payout ratio is 41.75%.

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About Alerian MLP

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.

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

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