Alerian MLP (AMLP) Shares Sold by FDx Advisors Inc.

FDx Advisors Inc. cut its stake in shares of Alerian MLP (NYSE:AMLP) by 36.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 143,971 shares of the exchange traded fund’s stock after selling 83,343 shares during the quarter. FDx Advisors Inc.’s holdings in Alerian MLP were worth $1,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. Wellington Shields & Co. LLC lifted its position in Alerian MLP by 0.6% during the second quarter. Wellington Shields & Co. LLC now owns 47,344 shares of the exchange traded fund’s stock valued at $566,000 after purchasing an additional 282 shares during the last quarter. Tocqueville Asset Management L.P. lifted its position in 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 valued at $161,000 after purchasing an additional 725 shares during the last quarter. Greenleaf Trust lifted its position in Alerian MLP by 2.4% during the second quarter. Greenleaf Trust now owns 32,045 shares of the exchange traded fund’s stock valued at $383,000 after purchasing an additional 750 shares during the last quarter. Davidson & Garrard Inc. lifted its position in Alerian MLP by 2.4% during the second quarter. Davidson & Garrard Inc. now owns 42,350 shares of the exchange traded fund’s stock valued at $507,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Cutter & CO Brokerage Inc. lifted its position in Alerian MLP by 4.1% during the second quarter. Cutter & CO Brokerage Inc. now owns 28,220 shares of the exchange traded fund’s stock valued at $338,000 after purchasing an additional 1,100 shares during the last quarter.

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Shares of Alerian MLP (NYSE AMLP) opened at $10.33 on Tuesday. Alerian MLP has a 1 year low of $10.23 and a 1 year high of $13.31.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Friday, November 10th will be issued a $0.2052 dividend. The ex-dividend date is Thursday, November 9th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.95%.

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.

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

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