TIAA FSB increased its stake in shares of Alerian MLP (NYSE:AMLP) by 6.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,322,714 shares of the exchange traded fund’s stock after buying an additional 474,783 shares during the quarter. TIAA FSB’s holdings in Alerian MLP were worth $82,161,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in AMLP. Greenleaf Trust boosted its holdings 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 purchasing an additional 750 shares during the last quarter. Wellington Shields & Co. LLC boosted its holdings 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 purchasing an additional 282 shares during the last quarter. Moloney Securities Asset Management LLC boosted its stake in shares of Alerian MLP by 8.3% during the 2nd quarter. Moloney Securities Asset Management LLC now owns 71,923 shares of the exchange traded fund’s stock worth $860,000 after acquiring an additional 5,487 shares in the last quarter. A. D. Beadell Investment Counsel Inc. purchased a new stake in shares of Alerian MLP during the 2nd quarter worth about $126,000. Finally, Montecito Bank & Trust purchased a new stake in shares of Alerian MLP during the 2nd quarter worth about $1,685,000.
Alerian MLP (AMLP) traded down $0.07 during mid-day trading on Friday, hitting $10.56. 11,251,835 shares of the stock traded hands. Alerian MLP has a twelve month low of $10.23 and a twelve month high of $13.31.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 15th. Investors of record on Friday, November 10th will be given a dividend of $0.2052 per share. The ex-dividend date is Thursday, November 9th. This represents a $0.82 annualized dividend and a dividend yield of 7.77%.
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Alerian MLP 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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