GoalVest Advisory LLC Purchases 271 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

GoalVest Advisory LLC increased its position in Alerian MLP ETF (NYSEARCA:AMLP) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,714 shares of the exchange traded fund’s stock after buying an additional 271 shares during the period. GoalVest Advisory LLC’s holdings in Alerian MLP ETF were worth $1,190,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in shares of Alerian MLP ETF by 6.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 7,285 shares of the exchange traded fund’s stock worth $350,000 after acquiring an additional 433 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Alerian MLP ETF by 2.0% during the 2nd quarter. Thrivent Financial for Lutherans now owns 26,856 shares of the exchange traded fund’s stock worth $1,289,000 after acquiring an additional 531 shares in the last quarter. Elgethun Capital Management raised its stake in Alerian MLP ETF by 1.8% in the second quarter. Elgethun Capital Management now owns 162,503 shares of the exchange traded fund’s stock valued at $7,797,000 after buying an additional 2,872 shares during the last quarter. Brick & Kyle Associates raised its holdings in shares of Alerian MLP ETF by 3.5% in the second quarter. Brick & Kyle Associates now owns 140,219 shares of the exchange traded fund’s stock worth $6,728,000 after buying an additional 4,738 shares during the last quarter. Finally, Silver Lake Advisory LLC purchased a new position in shares of Alerian MLP ETF in the second quarter worth about $236,000.

Alerian MLP ETF Trading Down 1.0 %

Alerian MLP ETF stock opened at $51.95 on Thursday. Alerian MLP ETF has a 12 month low of $43.02 and a 12 month high of $52.82. The firm has a market cap of $9.34 billion, a PE ratio of 13.08 and a beta of 0.48. The stock’s 50 day simple moving average is $49.27 and its two-hundred day simple moving average is $47.96.

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.