Blair William & Co. IL grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 2.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 504,193 shares of the exchange traded fund’s stock after acquiring an additional 10,879 shares during the quarter. Blair William & Co. IL owned about 0.28% of Alerian MLP ETF worth $24,282,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Park Avenue Securities LLC increased its stake in Alerian MLP ETF by 38.8% during the 4th quarter. Park Avenue Securities LLC now owns 32,525 shares of the exchange traded fund’s stock valued at $1,566,000 after buying an additional 9,088 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Alerian MLP ETF during the third quarter valued at approximately $65,000. Edgemoor Investment Advisors Inc. bought a new stake in Alerian MLP ETF during the fourth quarter worth approximately $214,000. Fisher Asset Management LLC acquired a new stake in Alerian MLP ETF in the fourth quarter worth approximately $211,000. Finally, Strategic Financial Concepts LLC bought a new position in Alerian MLP ETF during the 4th quarter valued at $27,000.
Alerian MLP ETF Stock Performance
AMLP opened at $52.04 on Friday. The company has a market capitalization of $10.72 billion, a PE ratio of 13.99 and a beta of 1.35. The stock’s fifty day moving average is $51.67 and its 200-day moving average is $49.35. Alerian MLP ETF has a one year low of $44.21 and a one year high of $53.24.
Alerian MLP ETF Increases Dividend
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.
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