Alerian MLP (NYSE:AMLP) Position Decreased by Berkeley Capital Partners LLC

Berkeley Capital Partners LLC decreased its position in shares of Alerian MLP (NYSE:AMLP) by 3.2% during the second quarter, Holdings Channel reports. The fund owned 299,911 shares of the exchange traded fund’s stock after selling 9,762 shares during the period. Alerian MLP comprises about 2.4% of Berkeley Capital Partners LLC’s investment portfolio, making the stock its 10th largest position. Berkeley Capital Partners LLC’s holdings in Alerian MLP were worth $3,587,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. American Research & Management Co. increased its stake in shares of Alerian MLP by 73.6% in the second quarter. American Research & Management Co. now owns 9,200 shares of the exchange traded fund’s stock worth $110,000 after buying an additional 3,900 shares during the last quarter. A. D. Beadell Investment Counsel Inc. acquired a new stake in shares of Alerian MLP during the second quarter worth about $126,000. Northstar Wealth Partners LLC increased its stake in shares of Alerian MLP by 10.3% in the second quarter. Northstar Wealth Partners LLC now owns 24,784 shares of the exchange traded fund’s stock worth $294,000 after buying an additional 2,317 shares during the last quarter. Greenleaf Trust increased its stake in shares of Alerian MLP by 2.4% in the second quarter. Greenleaf Trust now owns 32,045 shares of the exchange traded fund’s stock worth $383,000 after buying an additional 750 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its stake in shares of Alerian MLP by 7.7% in the second quarter. Cullen Frost Bankers Inc. now owns 37,011 shares of the exchange traded fund’s stock worth $443,000 after buying an additional 2,646 shares during the last quarter.

Shares of Alerian MLP (NYSE AMLP) opened at 11.08 on Friday. Alerian MLP has a 12 month low of $11.05 and a 12 month high of $13.31. The stock’s 50 day moving average is $11.83 and its 200-day moving average is $12.36.

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

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About Alerian MLP

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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