SG Americas Securities LLC lowered its position in Alerian MLP (NYSE:AMLP) by 42.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 94,680 shares of the exchange traded fund’s stock after selling 71,080 shares during the period. SG Americas Securities LLC’s holdings in Alerian MLP were worth $1,132,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of AMLP. Wellington Shields & Co. LLC increased its position in Alerian MLP by 0.6% in the second quarter. Wellington Shields & Co. LLC now owns 47,344 shares of the exchange traded fund’s stock valued at $566,000 after buying an additional 282 shares in the last quarter. Greenleaf Trust increased its position in Alerian MLP by 2.4% in the second quarter. Greenleaf Trust now owns 32,045 shares of the exchange traded fund’s stock valued at $383,000 after buying an additional 750 shares in the last quarter. Northstar Wealth Partners LLC increased its position in Alerian MLP by 10.3% in the second quarter. Northstar Wealth Partners LLC now owns 24,784 shares of the exchange traded fund’s stock valued at $294,000 after buying an additional 2,317 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in Alerian MLP by 7.7% in the second quarter. Cullen Frost Bankers Inc. now owns 37,011 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 2,646 shares in the last quarter. Finally, Enterprise Financial Services Corp increased its position in Alerian MLP by 5.0% in the second quarter. Enterprise Financial Services Corp now owns 65,361 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 3,141 shares in the last quarter.

Alerian MLP (NYSE:AMLP) opened at 11.25 on Friday. The firm has a 50 day moving average of $11.43 and a 200 day moving average of $12.12. Alerian MLP has a 12-month low of $10.51 and a 12-month high of $13.31.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 16th. Stockholders of record on Friday, August 11th were given a dividend of $0.215 per share. This represents a $0.86 annualized dividend and a dividend yield of 7.64%. The ex-dividend date of this dividend was Wednesday, August 9th.

COPYRIGHT VIOLATION NOTICE: “Alerian MLP (AMLP) Stake Reduced by SG Americas Securities LLC” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://www.watchlistnews.com/alerian-mlp-amlp-stake-reduced-by-sg-americas-securities-llc/1537375.html.

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.

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

Receive News & Ratings for Alerian MLP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP and related companies with Analyst Ratings Network's FREE daily email newsletter.