Wealthsource Partners LLC Has $768,000 Position in Alerian MLP (AMLP)

Wealthsource Partners LLC increased its holdings in Alerian MLP (NYSEARCA:AMLP) by 17.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,408 shares of the exchange traded fund’s stock after purchasing an additional 9,968 shares during the quarter. Wealthsource Partners LLC’s holdings in Alerian MLP were worth $768,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of AMLP. Schroder Investment Management Group purchased a new position in shares of Alerian MLP in the second quarter valued at about $133,000. Colony Group LLC purchased a new position in shares of Alerian MLP in the second quarter valued at about $135,000. Frontier Investment Mgmt Co. purchased a new position in shares of Alerian MLP in the second quarter valued at about $138,000. Argent Trust Co purchased a new position in shares of Alerian MLP in the second quarter valued at about $139,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of Alerian MLP in the third quarter valued at about $143,000.

Alerian MLP (NYSEARCA:AMLP) traded up $0.11 during mid-day trading on Thursday, hitting $10.92. 20,644,801 shares of the company’s stock were exchanged, compared to its average volume of 10,396,416. Alerian MLP has a 12-month low of $9.79 and a 12-month high of $13.31.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 15th. Shareholders of record on Friday, November 10th were given a $0.2052 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.52%. The ex-dividend date was Thursday, November 9th. Alerian MLP’s payout ratio is 41.75%.

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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.

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

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