Selway Asset Management lifted its position in ETRACS Alerian MLP Infrastructure Index ETN (NYSEARCA:MLPI) by 4.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,890 shares of the company’s stock after buying an additional 1,000 shares during the quarter. Selway Asset Management’s holdings in ETRACS Alerian MLP Infrastructure Index ETN were worth $588,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of MLPI. NBW Capital LLC raised its stake in ETRACS Alerian MLP Infrastructure Index ETN by 217.6% during the 4th quarter. NBW Capital LLC now owns 927,031 shares of the company’s stock valued at $18,327,000 after purchasing an additional 635,138 shares during the last quarter. JMG Financial Group Ltd. raised its stake in ETRACS Alerian MLP Infrastructure Index ETN by 32.4% during the 4th quarter. JMG Financial Group Ltd. now owns 852,211 shares of the company’s stock valued at $16,848,000 after purchasing an additional 208,511 shares during the last quarter. Actinver Wealth Management Inc. acquired a new position in ETRACS Alerian MLP Infrastructure Index ETN during the 4th quarter valued at $2,984,000. Rockland Trust Co. acquired a new position in ETRACS Alerian MLP Infrastructure Index ETN during the 1st quarter valued at $225,000. Finally, Claybrook Capital LLC acquired a new position in ETRACS Alerian MLP Infrastructure Index ETN during the 4th quarter valued at $109,000.

ETRACS Alerian MLP Infrastructure Index ETN stock traded down $0.12 on Thursday, hitting $22.07. The company’s stock had a trading volume of 236,831 shares, compared to its average volume of 687,398. ETRACS Alerian MLP Infrastructure Index ETN has a one year low of $18.73 and a one year high of $25.84.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 23rd. Shareholders of record on Friday, April 12th will be issued a $0.3872 dividend. This represents a $1.55 annualized dividend and a yield of 7.02%. The ex-dividend date is Thursday, April 11th.

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Read More: What is Net Asset Value (NAV)?

Institutional Ownership by Quarter for ETRACS Alerian MLP Infrastructure Index ETN (NYSEARCA:MLPI)

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