Alerian MLP ETF (NYSEARCA:AMLP) Holdings Lifted by Graypoint LLC

Graypoint LLC boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 6.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,020 shares of the exchange traded fund’s stock after purchasing an additional 1,066 shares during the period. Graypoint LLC’s holdings in Alerian MLP ETF were worth $849,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in shares of Alerian MLP ETF during the 1st quarter worth about $27,000. Asset Dedication LLC increased its stake in Alerian MLP ETF by 1,244.0% during the second quarter. Asset Dedication LLC now owns 672 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 622 shares during the period. Massmutual Trust Co. FSB ADV bought a new position in Alerian MLP ETF during the third quarter valued at about $40,000. ORG Wealth Partners LLC acquired a new position in shares of Alerian MLP ETF in the 3rd quarter worth approximately $41,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of Alerian MLP ETF during the 2nd quarter worth approximately $49,000.

Alerian MLP ETF Price Performance

Shares of AMLP stock opened at $48.36 on Friday. The stock’s fifty day simple moving average is $47.14 and its 200 day simple moving average is $47.05. Alerian MLP ETF has a one year low of $41.06 and a one year high of $49.44. The firm has a market cap of $8.70 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF 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.