Mid Atlantic Financial Management Inc. ADV Has $896,000 Stake in Alerian MLP ETF (AMLP)

Mid Atlantic Financial Management Inc. ADV lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.0% in the first quarter, HoldingsChannel.com reports. The firm owned 89,367 shares of the exchange traded fund’s stock after purchasing an additional 2,572 shares during the period. Mid Atlantic Financial Management Inc. ADV’s holdings in Alerian MLP ETF were worth $896,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Shulman DeMeo Asset Management LLC boosted its holdings in shares of Alerian MLP ETF by 1.6% during the first quarter. Shulman DeMeo Asset Management LLC now owns 65,697 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 1,017 shares during the period. TRUE Private Wealth Advisors lifted its holdings in Alerian MLP ETF by 1.3% in the first quarter. TRUE Private Wealth Advisors now owns 80,802 shares of the exchange traded fund’s stock worth $810,000 after buying an additional 1,037 shares during the period. Wambolt & Associates LLC lifted its holdings in Alerian MLP ETF by 0.5% in the first quarter. Wambolt & Associates LLC now owns 225,000 shares of the exchange traded fund’s stock worth $2,264,000 after buying an additional 1,113 shares during the period. Alpha Omega Wealth Management LLC lifted its holdings in Alerian MLP ETF by 10.7% in the first quarter. Alpha Omega Wealth Management LLC now owns 11,675 shares of the exchange traded fund’s stock worth $117,000 after buying an additional 1,125 shares during the period. Finally, Newman Dignan & Sheerar Inc. lifted its holdings in Alerian MLP ETF by 3.8% in the first quarter. Newman Dignan & Sheerar Inc. now owns 30,979 shares of the exchange traded fund’s stock worth $311,000 after buying an additional 1,130 shares during the period.

Shares of AMLP opened at $10.00 on Friday. Alerian MLP ETF has a one year low of $8.27 and a one year high of $11.41.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Friday, May 10th were issued a $0.195 dividend. The ex-dividend date was Thursday, May 9th. This represents a $0.78 annualized dividend and a yield of 7.80%.

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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.

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

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