Raymond James Financial Inc. Makes New Investment in Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP)

Raymond James Financial Inc. purchased a new stake in Barclays ETN+ Select MLP ETNs (NYSEARCA:ATMP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,824 shares of the company’s stock, valued at approximately $306,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ATMP. CIBC Private Wealth Group LLC increased its holdings in Barclays ETN+ Select MLP ETNs by 0.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 15,099,522 shares of the company’s stock valued at $445,134,000 after purchasing an additional 134,580 shares during the last quarter. Blair William & Co. IL acquired a new position in shares of Barclays ETN+ Select MLP ETNs during the 4th quarter worth about $435,000. Orion Portfolio Solutions LLC grew its position in shares of Barclays ETN+ Select MLP ETNs by 20.1% during the 4th quarter. Orion Portfolio Solutions LLC now owns 70,407 shares of the company’s stock worth $1,991,000 after buying an additional 11,781 shares during the period. Cerity Partners LLC increased its stake in shares of Barclays ETN+ Select MLP ETNs by 29.4% in the 4th quarter. Cerity Partners LLC now owns 19,781 shares of the company’s stock valued at $559,000 after acquiring an additional 4,490 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of Barclays ETN+ Select MLP ETNs in the 4th quarter valued at approximately $50,000.

Barclays ETN+ Select MLP ETNs Stock Performance

Shares of NYSEARCA ATMP opened at $28.60 on Friday. Barclays ETN+ Select MLP ETNs has a 52-week low of $23.77 and a 52-week high of $32.09. The firm has a 50 day moving average price of $29.07 and a 200 day moving average price of $29.22.

Barclays ETN+ Select MLP ETNs Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 3rd were issued a $0.3184 dividend. The ex-dividend date was Monday, March 3rd.

Barclays ETN+ Select MLP ETNs Company Profile

The Barclays ETN+ Select MLP ETN (ATMP) is an exchange-traded fund that is based on the CIBC Atlas Select MLP VWAP index. The fund tracks a tiered-weighted index consisting of US and Canadian MLPs and general partners of MLPs that are selected based on fundamental criteria. ATMP was launched on Mar 12, 2013 and is issued by Barclays.