Blue Trust Inc. Has $1.52 Million Position in Alerian MLP ETF (NYSEARCA:AMLP)

Blue Trust Inc. raised its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 181.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,571 shares of the exchange traded fund’s stock after buying an additional 20,370 shares during the quarter. Blue Trust Inc.’s holdings in Alerian MLP ETF were worth $1,515,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in AMLP. Stratos Wealth Advisors LLC increased its stake in Alerian MLP ETF by 2.9% in the third quarter. Stratos Wealth Advisors LLC now owns 56,975 shares of the exchange traded fund’s stock valued at $2,685,000 after acquiring an additional 1,627 shares during the period. Onyx Bridge Wealth Group LLC boosted its holdings in Alerian MLP ETF by 3.4% during the third quarter. Onyx Bridge Wealth Group LLC now owns 15,086 shares of the exchange traded fund’s stock valued at $711,000 after purchasing an additional 498 shares in the last quarter. Marshall Financial Group LLC bought a new stake in shares of Alerian MLP ETF in the 3rd quarter valued at approximately $294,000. Teamwork Financial Advisors LLC raised its holdings in shares of Alerian MLP ETF by 89.3% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 9,599 shares of the exchange traded fund’s stock worth $452,000 after buying an additional 4,528 shares in the last quarter. Finally, New Harbor Financial Group LLC raised its stake in Alerian MLP ETF by 6.6% during the third quarter. New Harbor Financial Group LLC now owns 241,299 shares of the exchange traded fund’s stock worth $11,372,000 after acquiring an additional 14,868 shares in the last quarter.

Alerian MLP ETF Stock Up 0.0 %

Shares of AMLP stock opened at $47.11 on Friday. The company has a market capitalization of $8.47 billion, a P/E ratio of 13.08 and a beta of 0.48. The firm has a 50-day moving average price of $46.93 and a 200 day moving average price of $47.04. Alerian MLP ETF has a 12-month low of $41.06 and a 12-month high of $49.44.

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.