Alerian MLP ETF $AMLP Holdings Raised by Violich Capital Management Inc.

Violich Capital Management Inc. increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 7.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 271,390 shares of the exchange traded fund’s stock after purchasing an additional 18,100 shares during the quarter. Alerian MLP ETF accounts for about 1.5% of Violich Capital Management Inc.’s investment portfolio, making the stock its 14th largest holding. Violich Capital Management Inc. owned about 0.12% of Alerian MLP ETF worth $12,736,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in shares of Alerian MLP ETF by 0.7% in the 2nd quarter. Bank of America Corp DE now owns 8,453,389 shares of the exchange traded fund’s stock worth $413,033,000 after buying an additional 54,835 shares during the last quarter. Raymond James Financial Inc. raised its stake in Alerian MLP ETF by 5.9% during the second quarter. Raymond James Financial Inc. now owns 2,715,784 shares of the exchange traded fund’s stock worth $132,693,000 after acquiring an additional 152,451 shares during the period. Ameriprise Financial Inc. raised its stake in Alerian MLP ETF by 19.2% during the second quarter. Ameriprise Financial Inc. now owns 1,634,868 shares of the exchange traded fund’s stock worth $79,886,000 after acquiring an additional 262,817 shares during the period. Naviter Wealth LLC lifted its holdings in Alerian MLP ETF by 17.5% in the second quarter. Naviter Wealth LLC now owns 1,311,189 shares of the exchange traded fund’s stock worth $64,065,000 after acquiring an additional 194,949 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Alerian MLP ETF by 1.3% in the second quarter. Envestnet Asset Management Inc. now owns 1,113,670 shares of the exchange traded fund’s stock valued at $54,414,000 after acquiring an additional 14,538 shares during the period.

Alerian MLP ETF Trading Up 0.4%

NYSEARCA:AMLP opened at $49.32 on Monday. The stock has a 50 day moving average of $47.37 and a 200-day moving average of $47.62. The firm has a market capitalization of $11.01 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 52 week low of $43.75 and a 52 week high of $53.24.

Alerian MLP ETF Company 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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).