Benjamin F. Edwards & Company Inc. Buys 4,886 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Benjamin F. Edwards & Company Inc. raised its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 52.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,258 shares of the exchange traded fund’s stock after buying an additional 4,886 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Alerian MLP ETF were worth $606,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AMLP. Bank of New York Mellon Corp acquired a new position in shares of Alerian MLP ETF in the 3rd quarter valued at $352,000. Financial Advocates Investment Management raised its position in shares of Alerian MLP ETF by 94.3% during the third quarter. Financial Advocates Investment Management now owns 40,714 shares of the exchange traded fund’s stock worth $1,718,000 after purchasing an additional 19,760 shares during the period. White Pine Investment CO lifted its holdings in shares of Alerian MLP ETF by 1.8% during the 3rd quarter. White Pine Investment CO now owns 83,526 shares of the exchange traded fund’s stock valued at $3,525,000 after purchasing an additional 1,492 shares in the last quarter. Nvwm LLC grew its position in shares of Alerian MLP ETF by 64.5% in the 3rd quarter. Nvwm LLC now owns 50,844 shares of the exchange traded fund’s stock valued at $2,146,000 after purchasing an additional 19,935 shares during the period. Finally, Perigon Wealth Management LLC bought a new stake in Alerian MLP ETF during the 3rd quarter worth approximately $814,000.

Alerian MLP ETF Trading Up 0.7 %

AMLP stock opened at $47.90 on Thursday. The stock has a 50-day moving average price of $46.98 and a two-hundred day moving average price of $44.52. Alerian MLP ETF has a 1 year low of $37.06 and a 1 year high of $48.48. The stock has a market cap of $8.62 billion, a PE ratio of 13.08 and a beta of 0.48.

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.