Ulland Investment Advisors LLC Acquires 4,188 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Ulland Investment Advisors LLC grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 39.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 14,918 shares of the exchange traded fund’s stock after acquiring an additional 4,188 shares during the period. Ulland Investment Advisors LLC’s holdings in Alerian MLP ETF were worth $718,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. LPL Financial LLC raised its holdings in Alerian MLP ETF by 13.0% during the 3rd quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock worth $113,110,000 after purchasing an additional 275,254 shares during the last quarter. Raymond James & Associates raised its stake in Alerian MLP ETF by 2.4% during the third quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after buying an additional 24,674 shares during the last quarter. Stephens Inc. AR lifted its holdings in Alerian MLP ETF by 2.8% in the third quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock valued at $46,387,000 after buying an additional 26,882 shares during the period. Naviter Wealth LLC boosted its position in Alerian MLP ETF by 14.2% during the third quarter. Naviter Wealth LLC now owns 877,080 shares of the exchange traded fund’s stock valued at $41,337,000 after acquiring an additional 108,804 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in Alerian MLP ETF by 10.7% during the 3rd quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock worth $41,091,000 after acquiring an additional 83,961 shares during the period.

Alerian MLP ETF Trading Up 0.4 %

AMLP stock opened at $51.71 on Tuesday. The firm has a market cap of $9.30 billion, a PE ratio of 13.08 and a beta of 0.48. The stock has a 50-day moving average price of $49.08 and a 200-day moving average price of $47.90. Alerian MLP ETF has a 1-year low of $42.25 and a 1-year high of $51.75.

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.