Good Steward Wealth Advisors LLC Sells 123,326 Shares of Alerian MLP ETF $AMLP

Good Steward Wealth Advisors LLC decreased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 96.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,278 shares of the exchange traded fund’s stock after selling 123,326 shares during the quarter. Good Steward Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $201,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. REAP Financial Group LLC grew its stake in shares of Alerian MLP ETF by 2,000.0% during the 3rd quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Alerian MLP ETF during the 2nd quarter valued at $29,000. Manchester Capital Management LLC purchased a new position in shares of Alerian MLP ETF in the second quarter valued at about $29,000. GAMMA Investing LLC boosted its stake in Alerian MLP ETF by 213.9% in the 3rd quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock worth $31,000 after purchasing an additional 445 shares during the period. Finally, MJT & Associates Financial Advisory Group Inc. grew its stake in Alerian MLP ETF by 136.3% during the third quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 545 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $50.27 on Friday. Alerian MLP ETF has a 1-year low of $43.75 and a 1-year high of $52.58. The business has a 50 day simple moving average of $48.46 and a two-hundred day simple moving average of $47.79. The stock has a market capitalization of $11.33 billion, a PE ratio of 14.17 and a beta of 0.70.

Alerian MLP ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Wednesday, February 11th will be issued a $1.01 dividend. This is a boost from Alerian MLP ETF’s previous quarterly dividend of $1.00. The ex-dividend date is Wednesday, February 11th. This represents a $4.04 annualized dividend and a dividend yield of 8.0%.

Alerian MLP ETF 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. 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).