Brighton Jones LLC lifted its holdings in shares of ETRACS Alerian MLP Infrastructure Index ETN (NYSEARCA:MLPI) by 9.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,112,951 shares of the company’s stock after purchasing an additional 94,019 shares during the period. ETRACS Alerian MLP Infrastructure Index ETN makes up 3.3% of Brighton Jones LLC’s holdings, making the stock its 7th largest holding. Brighton Jones LLC’s holdings in ETRACS Alerian MLP Infrastructure Index ETN were worth $25,509,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Crestwood Advisors Group LLC increased its stake in ETRACS Alerian MLP Infrastructure Index ETN by 2,330.7% in the first quarter. Crestwood Advisors Group LLC now owns 298,616 shares of the company’s stock valued at $6,310,000 after acquiring an additional 286,331 shares during the last quarter. Millennium Management LLC bought a new position in ETRACS Alerian MLP Infrastructure Index ETN in the fourth quarter valued at approximately $1,514,000. JMG Financial Group Ltd. increased its stake in ETRACS Alerian MLP Infrastructure Index ETN by 6.1% in the second quarter. JMG Financial Group Ltd. now owns 615,598 shares of the company’s stock valued at $14,109,000 after acquiring an additional 35,458 shares during the last quarter. Quadrant Capital Group LLC increased its stake in ETRACS Alerian MLP Infrastructure Index ETN by 38.1% in the first quarter. Quadrant Capital Group LLC now owns 27,798 shares of the company’s stock valued at $583,000 after acquiring an additional 7,675 shares during the last quarter. Finally, Cobiz Wealth LLC increased its stake in ETRACS Alerian MLP Infrastructure Index ETN by 6.2% in the second quarter. Cobiz Wealth LLC now owns 66,625 shares of the company’s stock valued at $1,527,000 after acquiring an additional 3,892 shares during the last quarter.

Shares of ETRACS Alerian MLP Infrastructure Index ETN opened at $25.50 on Friday, MarketBeat reports. ETRACS Alerian MLP Infrastructure Index ETN has a 1 year low of $20.31 and a 1 year high of $26.53.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 24th. Investors of record on Monday, July 16th were paid a $0.396 dividend. The ex-dividend date of this dividend was Friday, July 13th. This represents a $1.58 dividend on an annualized basis and a yield of 6.21%.

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Institutional Ownership by Quarter for ETRACS Alerian MLP Infrastructure Index ETN (NYSEARCA:MLPI)

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