Fiducient Advisors LLC Acquires 15,527 Shares of Alerian MLP ETF $AMLP

Fiducient Advisors LLC boosted its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 288.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,910 shares of the exchange traded fund’s stock after acquiring an additional 15,527 shares during the period. Fiducient Advisors LLC’s holdings in Alerian MLP ETF were worth $981,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in AMLP. Brighton Jones LLC lifted its position in shares of Alerian MLP ETF by 19.4% in the 4th quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock worth $2,157,000 after purchasing an additional 7,280 shares during the period. Park Avenue Securities LLC raised its stake in Alerian MLP ETF by 6.6% in the second quarter. Park Avenue Securities LLC now owns 36,687 shares of the exchange traded fund’s stock worth $1,793,000 after buying an additional 2,275 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. lifted its holdings in Alerian MLP ETF by 4.5% in the second quarter. Boyce & Associates Wealth Consulting Inc. now owns 28,116 shares of the exchange traded fund’s stock worth $1,374,000 after buying an additional 1,212 shares during the period. TD Private Client Wealth LLC lifted its holdings in Alerian MLP ETF by 249.5% in the second quarter. TD Private Client Wealth LLC now owns 30,669 shares of the exchange traded fund’s stock worth $1,498,000 after buying an additional 21,895 shares during the period. Finally, North Star Investment Management Corp. boosted its position in Alerian MLP ETF by 0.8% during the 2nd quarter. North Star Investment Management Corp. now owns 201,008 shares of the exchange traded fund’s stock valued at $9,821,000 after acquiring an additional 1,533 shares in the last quarter.

Alerian MLP ETF Stock Performance

AMLP stock opened at $49.04 on Thursday. Alerian MLP ETF has a fifty-two week low of $43.75 and a fifty-two week high of $53.24. The company has a market capitalization of $11.00 billion, a price-to-earnings ratio of 14.17 and a beta of 0.70. The business’s 50 day moving average price is $47.49 and its two-hundred day moving average price is $47.63.

About Alerian MLP ETF

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).