American Research & Management Co. decreased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 319,051 shares of the exchange traded fund’s stock after selling 1,153 shares during the quarter. Alerian MLP ETF accounts for 2.3% of American Research & Management Co.’s portfolio, making the stock its 14th largest position. American Research & Management Co.’s holdings in Alerian MLP ETF were worth $9,731,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of AMLP. Diameter Capital Partners LP purchased a new stake in shares of Alerian MLP ETF during the fourth quarter valued at approximately $44,007,000. TIAA FSB boosted its holdings in Alerian MLP ETF by 14.3% in the fourth quarter. TIAA FSB now owns 3,343,521 shares of the exchange traded fund’s stock worth $85,795,000 after purchasing an additional 418,031 shares during the last quarter. LPL Financial LLC boosted its holdings in Alerian MLP ETF by 34.7% in the fourth quarter. LPL Financial LLC now owns 1,189,234 shares of the exchange traded fund’s stock worth $30,516,000 after purchasing an additional 306,250 shares during the last quarter. Chickasaw Capital Management LLC boosted its holdings in Alerian MLP ETF by 2,624.0% in the fourth quarter. Chickasaw Capital Management LLC now owns 281,250 shares of the exchange traded fund’s stock worth $7,217,000 after purchasing an additional 270,925 shares during the last quarter. Finally, Novare Capital Management LLC purchased a new stake in Alerian MLP ETF in the fourth quarter worth approximately $6,099,000.
AMLP stock traded down $0.41 on Thursday, hitting $30.89. The company had a trading volume of 29,624 shares, compared to its average volume of 2,990,785. Alerian MLP ETF has a 12-month low of $18.15 and a 12-month high of $32.68. The stock’s 50-day simple moving average is $30.42 and its 200 day simple moving average is $26.34.
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.
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