ORG Partners LLC Sells 12,261 Shares of Alerian MLP ETF $AMLP

ORG Partners LLC lowered its position in Alerian MLP ETF (NYSEARCA:AMLP) by 8.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 134,523 shares of the exchange traded fund’s stock after selling 12,261 shares during the quarter. Alerian MLP ETF comprises 1.1% of ORG Partners LLC’s investment portfolio, making the stock its 15th largest holding. ORG Partners LLC’s holdings in Alerian MLP ETF were worth $6,325,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AMLP. REAP Financial Group LLC boosted its position in Alerian MLP ETF by 2,000.0% during the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 500 shares during the period. GAMMA Investing LLC grew its stake in Alerian MLP ETF by 213.9% in the 3rd quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 445 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. lifted its position in shares of Alerian MLP ETF by 136.3% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 545 shares in the last quarter. HM Payson & Co. purchased a new stake in shares of Alerian MLP ETF during the third quarter worth $47,000. Finally, TFC Financial Management Inc. bought a new position in shares of Alerian MLP ETF in the third quarter worth $60,000.

Alerian MLP ETF Stock Performance

Shares of NYSEARCA AMLP opened at $53.48 on Monday. The stock has a market cap of $12.05 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $54.20. The stock has a fifty day moving average of $51.44 and a 200-day moving average of $48.60.

Alerian MLP ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Wednesday, February 11th were given a dividend of $1.01 per share. This is a boost from Alerian MLP ETF’s previous quarterly dividend of $1.00. This represents a $4.04 annualized dividend and a dividend yield of 7.6%. The ex-dividend date was Wednesday, February 11th.

Alerian MLP ETF 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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).