Rational Advisors LLC Boosts Holdings in Alerian MLP ETF (AMLP)

Rational Advisors LLC raised its position in Alerian MLP ETF (NYSEARCA:AMLP) by 14.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 161,400 shares of the exchange traded fund’s stock after purchasing an additional 20,400 shares during the quarter. Rational Advisors LLC’s holdings in Alerian MLP ETF were worth $1,630,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Altfest L J & Co. Inc. bought a new position in shares of Alerian MLP ETF during the second quarter worth about $187,000. Verity Asset Management Inc. purchased a new position in shares of Alerian MLP ETF in the 2nd quarter worth $1,119,000. FTB Advisors Inc. boosted its stake in shares of Alerian MLP ETF by 42.9% in the 2nd quarter. FTB Advisors Inc. now owns 78,161 shares of the exchange traded fund’s stock worth $789,000 after buying an additional 23,456 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Alerian MLP ETF by 1.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 472,857 shares of the exchange traded fund’s stock worth $4,776,000 after buying an additional 5,049 shares during the last quarter. Finally, Belpointe Asset Management LLC boosted its stake in shares of Alerian MLP ETF by 92.6% in the 2nd quarter. Belpointe Asset Management LLC now owns 70,081 shares of the exchange traded fund’s stock worth $708,000 after buying an additional 33,699 shares during the last quarter.

AMLP stock opened at $11.10 on Tuesday. Alerian MLP ETF has a 1 year low of $9.01 and a 1 year high of $11.89.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 16th. Stockholders of record on Friday, August 10th will be paid a $0.2066 dividend. The ex-dividend date is Thursday, August 9th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 7.45%.

Alerian MLP ETF 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.

See Also: Book Value Per Share – BVPS

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

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