S. R. Schill & Associates lowered its stake in Alerian MLP (NYSE:AMLP) by 3.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 56,944 shares of the exchange traded fund’s stock after selling 2,240 shares during the period. S. R. Schill & Associates’ holdings in Alerian MLP were worth $681,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. ST Germain D J Co. Inc. boosted its position in Alerian MLP by 149.6% in the second quarter. ST Germain D J Co. Inc. now owns 2,789,343 shares of the exchange traded fund’s stock valued at $33,361,000 after buying an additional 1,672,023 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Alerian MLP by 7.0% in the second quarter. Janney Montgomery Scott LLC now owns 1,721,221 shares of the exchange traded fund’s stock valued at $20,586,000 after buying an additional 113,175 shares during the last quarter. Bessemer Group Inc. purchased a new position in Alerian MLP during the second quarter valued at $13,802,000. IFP Advisors Inc boosted its position in Alerian MLP by 5.8% in the second quarter. IFP Advisors Inc now owns 963,170 shares of the exchange traded fund’s stock valued at $11,520,000 after buying an additional 52,908 shares during the last quarter. Finally, Edge Wealth Management LLC boosted its position in Alerian MLP by 2,209.4% in the second quarter. Edge Wealth Management LLC now owns 770,077 shares of the exchange traded fund’s stock valued at $9,221,000 after buying an additional 736,732 shares during the last quarter.

Alerian MLP (NYSE AMLP) opened at 11.08 on Friday. Alerian MLP has a 52-week low of $11.05 and a 52-week high of $13.31. The firm’s 50-day moving average price is $11.83 and its 200 day moving average price is $12.36.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 16th. Stockholders of record on Friday, August 11th will be given a dividend of $0.215 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 7.76%.

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Alerian MLP 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.

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Institutional Ownership by Quarter for Alerian MLP (NYSE:AMLP)

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