Investors bought shares of Alerian MLP (NYSEARCA:AMLP) on weakness during trading on Friday. $56.79 million flowed into the stock on the tick-up and $41.51 million flowed out of the stock on the tick-down, for a money net flow of $15.28 million into the stock. Of all equities tracked, Alerian MLP had the 28th highest net in-flow for the day. Alerian MLP traded down ($0.05) for the day and closed at $10.49

The firm has a market cap of $9,870.00 and a P/E ratio of 5.09.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Friday, February 9th will be paid a $0.2066 dividend. The ex-dividend date of this dividend is Thursday, February 8th. This represents a $0.83 annualized dividend and a dividend yield of 7.88%. This is a positive change from Alerian MLP’s previous quarterly dividend of $0.21. Alerian MLP’s payout ratio is currently 41.75%.

Several large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp increased its stake in shares of Alerian MLP by 66.6% in the 4th quarter. Bank of New York Mellon Corp now owns 389,903 shares of the exchange traded fund’s stock valued at $4,206,000 after acquiring an additional 155,813 shares in the last quarter. Independence Bank of Kentucky bought a new stake in shares of Alerian MLP in the 4th quarter valued at $334,000. Keel Point LLC bought a new stake in shares of Alerian MLP in the 4th quarter valued at $452,000. American Research & Management Co. increased its stake in shares of Alerian MLP by 45.8% in the 4th quarter. American Research & Management Co. now owns 18,075 shares of the exchange traded fund’s stock valued at $195,000 after acquiring an additional 5,675 shares in the last quarter. Finally, Whittier Trust Co. bought a new stake in shares of Alerian MLP in the 4th quarter valued at $677,000.

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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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