Blair William & Co. IL Has $23.27 Million Stock Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Blair William & Co. IL increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 260.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 484,890 shares of the exchange traded fund’s stock after acquiring an additional 350,196 shares during the quarter. Blair William & Co. IL owned about 0.27% of Alerian MLP ETF worth $23,265,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. 1832 Asset Management L.P. acquired a new stake in Alerian MLP ETF during the 4th quarter worth about $51,416,000. Retirement Planning Group LLC grew its stake in Alerian MLP ETF by 24.3% during the second quarter. Retirement Planning Group LLC now owns 7,612 shares of the exchange traded fund’s stock worth $365,000 after purchasing an additional 1,489 shares during the period. Steward Partners Investment Advisory LLC increased its holdings in Alerian MLP ETF by 1.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 56,522 shares of the exchange traded fund’s stock worth $2,403,000 after purchasing an additional 824 shares in the last quarter. Salem Investment Counselors Inc. increased its holdings in Alerian MLP ETF by 48.9% in the first quarter. Salem Investment Counselors Inc. now owns 60,999 shares of the exchange traded fund’s stock worth $2,895,000 after purchasing an additional 20,023 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its stake in Alerian MLP ETF by 36.7% in the first quarter. Kingswood Wealth Advisors LLC now owns 10,104 shares of the exchange traded fund’s stock valued at $480,000 after buying an additional 2,714 shares during the period.

Alerian MLP ETF Stock Down 0.4 %

Shares of AMLP stock opened at $47.35 on Thursday. The firm has a 50 day moving average of $47.20 and a 200-day moving average of $46.97. The company has a market cap of $8.52 billion, a price-to-earnings ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a 52 week low of $40.03 and a 52 week 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.