Transamerica Financial Advisors Inc. lessened its holdings in shares of ETRACS Alerian MLP Infrastructure Index ETN (NYSEARCA:MLPI) by 1.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,787 shares of the company’s stock after selling 894 shares during the quarter. Transamerica Financial Advisors Inc. owned 0.08% of ETRACS Alerian MLP Infrastructure Index ETN worth $906,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. IFP Advisors Inc grew its position in shares of ETRACS Alerian MLP Infrastructure Index ETN by 8.4% in the 4th quarter. IFP Advisors Inc now owns 16,282 shares of the company’s stock worth $317,000 after acquiring an additional 1,268 shares in the last quarter. Tortoise Capital Advisors L.L.C. acquired a new position in shares of ETRACS Alerian MLP Infrastructure Index ETN in the 3rd quarter worth approximately $77,000. Capital Guardian Trust Co. acquired a new position in shares of ETRACS Alerian MLP Infrastructure Index ETN in the 3rd quarter worth approximately $198,000. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC acquired a new position in shares of ETRACS Alerian MLP Infrastructure Index ETN in the 3rd quarter worth approximately $231,000. Finally, Iberiabank Corp acquired a new position in shares of ETRACS Alerian MLP Infrastructure Index ETN in the 3rd quarter worth approximately $234,000.

Shares of MLPI traded down $0.03 during mid-day trading on Monday, hitting $21.33. The stock had a trading volume of 11,682 shares, compared to its average volume of 1,072,516. ETRACS Alerian MLP Infrastructure Index ETN has a fifty-two week low of $18.73 and a fifty-two week high of $25.84.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 23rd. Stockholders of record on Monday, January 14th were given a $0.3905 dividend. The ex-dividend date was Friday, January 11th. This represents a $1.56 annualized dividend and a dividend yield of 7.32%.

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

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