Oak Family Advisors LLC Decreases Stock Holdings in Alerian MLP ETF $AMLP

Oak Family Advisors LLC lowered its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 20.6% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 94,905 shares of the exchange traded fund’s stock after selling 24,573 shares during the period. Alerian MLP ETF makes up approximately 1.4% of Oak Family Advisors LLC’s holdings, making the stock its 26th biggest position. Oak Family Advisors LLC’s holdings in Alerian MLP ETF were worth $4,996,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in AMLP. Blue Trust Inc. grew its stake in shares of Alerian MLP ETF by 1.3% in the first quarter. Blue Trust Inc. now owns 49,621 shares of the exchange traded fund’s stock worth $2,612,000 after acquiring an additional 646 shares during the period. Surience Private Wealth LLC bought a new position in Alerian MLP ETF during the first quarter valued at approximately $4,201,000. Kercheville Advisors LLC boosted its holdings in Alerian MLP ETF by 4.2% in the first quarter. Kercheville Advisors LLC now owns 8,150 shares of the exchange traded fund’s stock worth $429,000 after purchasing an additional 330 shares during the last quarter. Keudell Morrison Wealth Management boosted its holdings in Alerian MLP ETF by 5.2% in the first quarter. Keudell Morrison Wealth Management now owns 5,577 shares of the exchange traded fund’s stock worth $294,000 after purchasing an additional 275 shares during the last quarter. Finally, CENTRAL TRUST Co grew its position in Alerian MLP ETF by 163.7% in the 1st quarter. CENTRAL TRUST Co now owns 4,994 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 3,100 shares during the period.

Alerian MLP ETF Trading Down 2.4%

NYSEARCA:AMLP opened at $50.39 on Thursday. The company has a market cap of $11.75 billion, a PE ratio of 14.17 and a beta of 0.50. The company has a 50 day simple moving average of $52.55 and a two-hundred day simple moving average of $51.05. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $55.22.

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. 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).