Keel Point LLC purchased a new stake in Alerian MLP (NYSEARCA:AMLP) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 41,907 shares of the exchange traded fund’s stock, valued at approximately $452,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Adams Asset Advisors LLC increased its holdings in shares of Alerian MLP by 11.8% in the 3rd quarter. Adams Asset Advisors LLC now owns 87,674 shares of the exchange traded fund’s stock worth $983,000 after buying an additional 9,285 shares during the last quarter. TIAA FSB increased its holdings in shares of Alerian MLP by 6.9% in the 3rd quarter. TIAA FSB now owns 7,322,714 shares of the exchange traded fund’s stock worth $82,161,000 after buying an additional 474,783 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Alerian MLP by 12.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 5,268,237 shares of the exchange traded fund’s stock worth $58,849,000 after buying an additional 595,804 shares during the last quarter. Miller Howard Investments Inc. NY bought a new stake in shares of Alerian MLP in the 3rd quarter worth about $434,000. Finally, Broadleaf Partners LLC bought a new stake in shares of Alerian MLP in the 4th quarter worth about $1,224,000.

Shares of Alerian MLP (NYSEARCA AMLP) opened at $10.85 on Wednesday. Alerian MLP has a fifty-two week low of $9.79 and a fifty-two week high of $13.24. The firm has a market cap of $10,180.00 and a PE ratio of 5.27.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, February 9th will be issued a $0.2066 dividend. The ex-dividend date is Thursday, February 8th. This is an increase from Alerian MLP’s previous quarterly dividend of $0.21. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.62%. Alerian MLP’s payout ratio is 40.78%.

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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 (NYSEARCA:AMLP)

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