Raymond James & Associates raised its position in Alerian MLP ETF (NYSEARCA:AMLP) by 18.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,312,279 shares of the exchange traded fund’s stock after purchasing an additional 835,948 shares during the quarter. Raymond James & Associates’ holdings in Alerian MLP ETF were worth $53,282,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AMLP. Allen Investment Management LLC raised its position in Alerian MLP ETF by 165.8% in the fourth quarter. Allen Investment Management LLC now owns 6,229,657 shares of the exchange traded fund’s stock valued at $54,385,000 after purchasing an additional 3,885,568 shares during the last quarter. Massey Quick Simon & CO. LLC raised its position in shares of Alerian MLP ETF by 195.7% during the fourth quarter. Massey Quick Simon & CO. LLC now owns 2,631,603 shares of the exchange traded fund’s stock worth $22,974,000 after acquiring an additional 1,741,503 shares during the last quarter. Freestone Capital Holdings LLC raised its position in shares of Alerian MLP ETF by 4,226.3% during the fourth quarter. Freestone Capital Holdings LLC now owns 1,403,833 shares of the exchange traded fund’s stock worth $12,255,000 after acquiring an additional 1,371,384 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in shares of Alerian MLP ETF during the first quarter worth about $11,643,000. Finally, Emerson Wealth Management LLC bought a new position in shares of Alerian MLP ETF during the fourth quarter worth about $10,554,000.

Shares of AMLP traded up $0.05 during mid-day trading on Thursday, reaching $10.04. 207,870 shares of the company were exchanged, compared to its average volume of 16,702,102. Alerian MLP ETF has a 52 week low of $8.27 and a 52 week high of $11.41.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 16th. Stockholders of record on Friday, May 10th will be given a dividend of $0.195 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.77%.

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About Alerian MLP ETF

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.

Further Reading: Why is the ROA ratio important?

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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