Blue Trust Inc. Decreases Stock Holdings in Alerian MLP ETF $AMLP

Blue Trust Inc. lowered its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 7.2% during the second quarter, Holdings Channel reports. The institutional investor owned 47,379 shares of the exchange traded fund’s stock after selling 3,658 shares during the period. Blue Trust Inc.’s holdings in Alerian MLP ETF were worth $2,315,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AMLP. Allen Investment Management LLC boosted its holdings in Alerian MLP ETF by 31.7% during the first quarter. Allen Investment Management LLC now owns 3,080,512 shares of the exchange traded fund’s stock worth $160,002,000 after buying an additional 740,605 shares in the last quarter. Aurora Private Wealth Inc. raised its position in Alerian MLP ETF by 1,737.3% during the first quarter. Aurora Private Wealth Inc. now owns 520,327 shares of the exchange traded fund’s stock worth $27,026,000 after acquiring an additional 492,007 shares during the last quarter. LPL Financial LLC raised its position in Alerian MLP ETF by 15.6% during the first quarter. LPL Financial LLC now owns 3,238,970 shares of the exchange traded fund’s stock worth $168,232,000 after acquiring an additional 437,947 shares during the last quarter. Raymond James Financial Inc. raised its position in Alerian MLP ETF by 18.6% during the first quarter. Raymond James Financial Inc. now owns 2,563,333 shares of the exchange traded fund’s stock worth $133,140,000 after acquiring an additional 401,133 shares during the last quarter. Finally, B&D White Capital Company LLC raised its position in Alerian MLP ETF by 509.4% during the first quarter. B&D White Capital Company LLC now owns 304,679 shares of the exchange traded fund’s stock worth $15,825,000 after acquiring an additional 254,679 shares during the last quarter.

Alerian MLP ETF Trading Down 2.1%

Shares of AMLP opened at $44.68 on Friday. The stock has a market cap of $9.79 billion, a P/E ratio of 14.17 and a beta of 1.42. The company has a 50-day moving average of $47.73 and a two-hundred day moving average of $48.38. Alerian MLP ETF has a 12-month low of $43.75 and a 12-month 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.