TMB Capital Partners LLC Invests $832,000 in Alerian MLP ETF $AMLP

TMB Capital Partners LLC acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 17,694 shares of the exchange traded fund’s stock, valued at approximately $832,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AMLP. Bank of America Corp DE increased its holdings in Alerian MLP ETF by 0.7% in the second quarter. Bank of America Corp DE now owns 8,453,389 shares of the exchange traded fund’s stock worth $413,033,000 after purchasing an additional 54,835 shares in the last quarter. Allen Investment Management LLC grew its position in shares of Alerian MLP ETF by 7.1% during the 4th quarter. Allen Investment Management LLC now owns 3,751,091 shares of the exchange traded fund’s stock worth $176,376,000 after buying an additional 249,766 shares during the period. Raymond James Financial Inc. grew its position in shares of Alerian MLP ETF by 5.9% during the 2nd quarter. Raymond James Financial Inc. now owns 2,715,784 shares of the exchange traded fund’s stock worth $132,693,000 after buying an additional 152,451 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Alerian MLP ETF by 19.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,634,868 shares of the exchange traded fund’s stock valued at $79,886,000 after acquiring an additional 262,817 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of Alerian MLP ETF by 17.7% in the 4th quarter. US Bancorp DE now owns 1,409,498 shares of the exchange traded fund’s stock valued at $66,275,000 after acquiring an additional 211,540 shares in the last quarter.

Alerian MLP ETF Stock Up 0.1%

Alerian MLP ETF stock opened at $50.67 on Friday. The company has a market capitalization of $11.82 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 12-month low of $44.64 and a 12-month high of $55.22. The firm’s fifty day moving average is $52.66 and its 200 day moving average is $50.96.

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. 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).