Sanctuary Advisors LLC boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP – Free Report) by 20.3% in the fourth quarter, HoldingsChannel reports. The fund owned 184,231 shares of the exchange traded fund’s stock after buying an additional 31,089 shares during the quarter. Sanctuary Advisors LLC’s holdings in Alerian MLP ETF were worth $8,663,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of AMLP. REAP Financial Group LLC boosted its position in Alerian MLP ETF by 2,000.0% during the 3rd quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 500 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in Alerian MLP ETF during the 4th quarter worth about $43,000. HM Payson & Co. acquired a new stake in Alerian MLP ETF during the 3rd quarter worth about $47,000. Whittier Trust Co. of Nevada Inc. boosted its position in Alerian MLP ETF by 800.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock worth $53,000 after acquiring an additional 1,000 shares during the period. Finally, TFC Financial Management Inc. acquired a new stake in Alerian MLP ETF during the 3rd quarter worth about $60,000.
Alerian MLP ETF Trading Up 1.2%
Shares of NYSEARCA AMLP opened at $52.63 on Wednesday. Alerian MLP ETF has a one year low of $44.64 and a one year high of $54.20. The firm has a market capitalization of $12.27 billion, a PE ratio of 14.17 and a beta of 0.56. The business has a 50-day moving average price of $52.28 and a two-hundred day moving average price of $49.40.
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).
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