Calamos Wealth Management LLC Acquires 31,500 Shares of Alerian MLP (AMLP)
Calamos Wealth Management LLC lifted its holdings in shares of Alerian MLP (NYSE:AMLP) by 15.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 236,082 shares of the exchange traded fund’s stock after acquiring an additional 31,500 shares during the period. Calamos Wealth Management LLC’s holdings in Alerian MLP were worth $2,824,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of AMLP. American Research & Management Co. increased its position in shares of Alerian MLP by 73.6% during the second quarter. American Research & Management Co. now owns 9,200 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 3,900 shares in the last quarter. A. D. Beadell Investment Counsel Inc. bought a new stake in shares of Alerian MLP during the second quarter worth about $126,000. Tocqueville Asset Management L.P. increased its position in shares of Alerian MLP by 5.7% during the second quarter. Tocqueville Asset Management L.P. now owns 13,475 shares of the exchange traded fund’s stock worth $161,000 after acquiring an additional 725 shares in the last quarter. Morris Capital Advisors LLC bought a new stake in shares of Alerian MLP during the second quarter worth about $164,000. Finally, Northstar Wealth Partners LLC increased its position in shares of Alerian MLP by 10.3% during the second quarter. Northstar Wealth Partners LLC now owns 24,784 shares of the exchange traded fund’s stock worth $294,000 after acquiring an additional 2,317 shares in the last quarter.
Shares of Alerian MLP (NYSE:AMLP) opened at 11.30 on Tuesday. The stock’s 50 day moving average is $11.43 and its 200 day moving average is $12.12. Alerian MLP has a 52-week low of $10.51 and a 52-week high of $13.31.
The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 16th. Investors of record on Friday, August 11th were paid a $0.215 dividend. The ex-dividend date of this dividend was Wednesday, August 9th. This represents a $0.86 annualized dividend and a dividend yield of 7.64%.
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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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