ORG Partners LLC Cuts Stock Holdings in Alerian MLP ETF $AMLP

ORG Partners LLC lowered its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 8.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,523 shares of the exchange traded fund’s stock after selling 12,261 shares during the quarter. Alerian MLP ETF accounts for 1.1% of ORG Partners LLC’s investment portfolio, making the stock its 15th largest holding. ORG Partners LLC owned 0.06% of Alerian MLP ETF worth $6,325,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. REAP Financial Group LLC raised its holdings in shares of Alerian MLP ETF by 2,000.0% in the third quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Alerian MLP ETF by 213.9% during the 3rd quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 445 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. grew its holdings in shares of Alerian MLP ETF by 136.3% in the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 545 shares in the last quarter. HM Payson & Co. bought a new stake in Alerian MLP ETF during the third quarter worth $47,000. Finally, TFC Financial Management Inc. bought a new position in Alerian MLP ETF in the 3rd quarter valued at $60,000.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $53.48 on Monday. The firm 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 1 year low of $43.75 and a 1 year high of $54.20. The stock has a fifty day moving average price of $51.44 and a 200-day moving average price of $48.60.

Alerian MLP ETF Increases Dividend

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

Alerian MLP ETF 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. 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).