Jefferies Financial Group Inc. Boosts Position in Alerian MLP ETF $AMLP

Jefferies Financial Group Inc. lifted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 96.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,589 shares of the exchange traded fund’s stock after acquiring an additional 12,057 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Alerian MLP ETF were worth $1,154,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMLP. Parallel Advisors LLC increased its position in Alerian MLP ETF by 5.1% during the 3rd quarter. Parallel Advisors LLC now owns 7,941 shares of the exchange traded fund’s stock valued at $373,000 after purchasing an additional 383 shares during the period. Powell Investment Advisors LLC lifted its position in shares of Alerian MLP ETF by 5.4% in the 3rd quarter. Powell Investment Advisors LLC now owns 23,742 shares of the exchange traded fund’s stock worth $1,114,000 after purchasing an additional 1,211 shares during the period. Evexia Wealth LLC lifted its position in shares of Alerian MLP ETF by 7.2% in the 3rd quarter. Evexia Wealth LLC now owns 19,637 shares of the exchange traded fund’s stock worth $893,000 after purchasing an additional 1,319 shares during the period. Left Brain Wealth Management LLC boosted its stake in shares of Alerian MLP ETF by 1.0% during the 3rd quarter. Left Brain Wealth Management LLC now owns 145,647 shares of the exchange traded fund’s stock valued at $6,835,000 after purchasing an additional 1,497 shares in the last quarter. Finally, Integrity Advisory Solutions LLC purchased a new position in shares of Alerian MLP ETF during the third quarter valued at about $326,000.

Alerian MLP ETF Price Performance

AMLP stock opened at $52.41 on Thursday. Alerian MLP ETF has a 1 year low of $43.75 and a 1 year high of $53.20. The company has a market cap of $11.81 billion, a P/E ratio of 14.17 and a beta of 0.70. The firm has a 50-day moving average of $50.27 and a 200 day moving average of $48.20.

Alerian MLP ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Wednesday, February 11th were given a $1.01 dividend. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a $4.04 dividend on an annualized basis and a dividend yield of 7.7%. This is a boost from Alerian MLP ETF’s previous quarterly dividend of $1.00.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).