Alerian MLP ETF $AMLP Holdings Raised by Anthracite Investment Company Inc.

Anthracite Investment Company Inc. boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 6.8% in the second quarter, Holdings Channel reports. The institutional investor owned 12,000 shares of the exchange traded fund’s stock after acquiring an additional 760 shares during the quarter. Anthracite Investment Company Inc.’s holdings in Alerian MLP ETF were worth $586,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC lifted its position in Alerian MLP ETF by 7.7% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 38,622 shares of the exchange traded fund’s stock worth $1,887,000 after buying an additional 2,775 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in Alerian MLP ETF in the 1st quarter worth approximately $34,000. Sequoia Financial Advisors LLC lifted its position in Alerian MLP ETF by 3.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 8,118 shares of the exchange traded fund’s stock worth $422,000 after buying an additional 275 shares in the last quarter. Parallel Advisors LLC lifted its position in Alerian MLP ETF by 8.2% in the 2nd quarter. Parallel Advisors LLC now owns 7,558 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 572 shares in the last quarter. Finally, Tradewinds LLC. raised its holdings in shares of Alerian MLP ETF by 8.6% during the 1st quarter. Tradewinds LLC. now owns 68,057 shares of the exchange traded fund’s stock valued at $3,535,000 after purchasing an additional 5,391 shares in the last quarter.

Alerian MLP ETF Trading Down 0.4%

Alerian MLP ETF stock opened at $46.74 on Friday. The company has a market capitalization of $10.28 billion, a P/E ratio of 14.17 and a beta of 1.42. The firm’s fifty day simple moving average is $47.18 and its 200-day simple moving average is $48.12. Alerian MLP ETF has a 1-year low of $43.75 and a 1-year high of $53.24.

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.