Baldwin Wealth Partners LLC MA Sells 16,595 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Baldwin Wealth Partners LLC MA lowered its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 242,544 shares of the exchange traded fund’s stock after selling 16,595 shares during the period. Baldwin Wealth Partners LLC MA owned 0.13% of Alerian MLP ETF worth $11,681,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thrivent Financial for Lutherans increased its stake in shares of Alerian MLP ETF by 2.0% in the second quarter. Thrivent Financial for Lutherans now owns 26,856 shares of the exchange traded fund’s stock valued at $1,289,000 after buying an additional 531 shares during the period. Silver Lake Advisory LLC acquired a new position in Alerian MLP ETF in the 2nd quarter valued at approximately $236,000. NewEdge Advisors LLC increased its position in Alerian MLP ETF by 233.3% in the 2nd quarter. NewEdge Advisors LLC now owns 375,554 shares of the exchange traded fund’s stock valued at $18,019,000 after acquiring an additional 262,884 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Alerian MLP ETF by 18.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,216 shares of the exchange traded fund’s stock valued at $1,306,000 after acquiring an additional 4,190 shares during the last quarter. Finally, Gateway Wealth Partners LLC lifted its holdings in shares of Alerian MLP ETF by 6.0% during the second quarter. Gateway Wealth Partners LLC now owns 13,303 shares of the exchange traded fund’s stock worth $638,000 after purchasing an additional 750 shares during the period.

Alerian MLP ETF Stock Down 0.7 %

Shares of NYSEARCA:AMLP opened at $51.73 on Monday. The firm has a market cap of $9.31 billion, a P/E ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 12-month low of $43.02 and a 12-month high of $52.82. The business has a fifty day simple moving average of $49.45 and a 200 day simple moving average of $48.01.

About Alerian MLP ETF

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.