Alerian MLP ETF $AMLP Stock Position Raised by NewEdge Wealth LLC

NewEdge Wealth LLC increased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 63.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 73,190 shares of the exchange traded fund’s stock after acquiring an additional 28,286 shares during the quarter. NewEdge Wealth LLC’s holdings in Alerian MLP ETF were worth $3,853,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AMLP. Northwestern Mutual Wealth Management Co. boosted its stake in Alerian MLP ETF by 14,563.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock valued at $60,625,000 after acquiring an additional 1,280,552 shares during the period. Orion Porfolio Solutions LLC grew its holdings in shares of Alerian MLP ETF by 326.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock valued at $50,800,000 after purchasing an additional 795,787 shares during the last quarter. EP Wealth Advisors LLC acquired a new stake in shares of Alerian MLP ETF during the 4th quarter worth approximately $24,371,000. Quadrature Capital Ltd raised its position in shares of Alerian MLP ETF by 709.1% during the 4th quarter. Quadrature Capital Ltd now owns 476,492 shares of the exchange traded fund’s stock worth $22,405,000 after purchasing an additional 417,602 shares during the period. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Alerian MLP ETF by 1,508.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock worth $19,116,000 after purchasing an additional 381,190 shares during the last quarter.

Alerian MLP ETF Trading Up 0.1%

Shares of NYSEARCA AMLP opened at $54.99 on Friday. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.62. The company has a market cap of $12.93 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The stock’s 50 day simple moving average is $52.74 and its 200 day simple moving average is $51.93.

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).