OneDigital Investment Advisors LLC Buys 4,780 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

OneDigital Investment Advisors LLC grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 36.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,986 shares of the exchange traded fund’s stock after acquiring an additional 4,780 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $848,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Retirement Planning Group LLC raised its holdings in Alerian MLP ETF by 24.3% in the 2nd quarter. Retirement Planning Group LLC now owns 7,612 shares of the exchange traded fund’s stock worth $365,000 after acquiring an additional 1,489 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Alerian MLP ETF by 22.2% during the second quarter. Dynamic Advisor Solutions LLC now owns 14,711 shares of the exchange traded fund’s stock valued at $706,000 after buying an additional 2,673 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in shares of Alerian MLP ETF during the first quarter valued at $228,000. Optimum Investment Advisors increased its holdings in Alerian MLP ETF by 40.0% in the 2nd quarter. Optimum Investment Advisors now owns 1,400 shares of the exchange traded fund’s stock worth $67,000 after buying an additional 400 shares in the last quarter. Finally, Apollon Wealth Management LLC raised its position in Alerian MLP ETF by 2.1% in the 2nd quarter. Apollon Wealth Management LLC now owns 74,193 shares of the exchange traded fund’s stock worth $3,560,000 after buying an additional 1,526 shares during the last quarter.

Alerian MLP ETF Stock Up 0.4 %

Shares of NYSEARCA AMLP opened at $48.49 on Wednesday. The firm’s 50-day moving average price is $47.32 and its 200-day moving average price is $47.08. Alerian MLP ETF has a 52-week low of $41.06 and a 52-week high of $49.44. The company has a market cap of $8.72 billion, a PE ratio of 13.08 and a beta of 0.48.

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.