Advisors Asset Management Inc. Has $4.51 Million Holdings in Alerian MLP ETF $AMLP

Advisors Asset Management Inc. increased its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 36.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 92,367 shares of the exchange traded fund’s stock after buying an additional 24,907 shares during the period. Advisors Asset Management Inc.’s holdings in Alerian MLP ETF were worth $4,513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC lifted its position in shares of Alerian MLP ETF by 19.4% during the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after acquiring an additional 7,280 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Alerian MLP ETF in the first quarter worth $231,000. AE Wealth Management LLC raised its stake in Alerian MLP ETF by 7.3% in the first quarter. AE Wealth Management LLC now owns 3,622 shares of the exchange traded fund’s stock valued at $188,000 after purchasing an additional 246 shares in the last quarter. HB Wealth Management LLC lifted its position in Alerian MLP ETF by 27.9% during the first quarter. HB Wealth Management LLC now owns 7,856 shares of the exchange traded fund’s stock worth $408,000 after purchasing an additional 1,714 shares during the period. Finally, N.E.W. Advisory Services LLC acquired a new stake in Alerian MLP ETF during the first quarter worth about $99,000.

Alerian MLP ETF Stock Up 0.5%

AMLP stock opened at $47.39 on Friday. Alerian MLP ETF has a 12 month low of $43.75 and a 12 month high of $53.24. The firm has a market cap of $10.40 billion, a P/E ratio of 14.17 and a beta of 0.70. The company’s 50-day moving average price is $46.64 and its two-hundred day moving average price is $47.91.

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.