Tiaa Fsb grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 2.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,222,426 shares of the exchange traded fund’s stock after buying an additional 188,572 shares during the period. Alerian MLP ETF accounts for 0.7% of Tiaa Fsb’s investment portfolio, making the stock its 29th largest holding. Tiaa Fsb owned about 1.01% of Alerian MLP ETF worth $92,501,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors also recently modified their holdings of the company. SignalPoint Asset Management LLC boosted its holdings in shares of Alerian MLP ETF by 15.5% in the 4th quarter. SignalPoint Asset Management LLC now owns 51,711 shares of the exchange traded fund’s stock valued at $451,000 after buying an additional 6,942 shares in the last quarter. Hamlin Capital Management LLC boosted its stake in Alerian MLP ETF by 1,758.7% during the 4th quarter. Hamlin Capital Management LLC now owns 204,455 shares of the exchange traded fund’s stock worth $1,785,000 after purchasing an additional 193,455 shares during the period. Montecito Bank & Trust boosted its stake in Alerian MLP ETF by 39.3% during the 1st quarter. Montecito Bank & Trust now owns 259,905 shares of the exchange traded fund’s stock worth $2,607,000 after purchasing an additional 73,334 shares during the period. Ellenbecker Investment Group boosted its stake in Alerian MLP ETF by 8.1% during the 4th quarter. Ellenbecker Investment Group now owns 77,285 shares of the exchange traded fund’s stock worth $675,000 after purchasing an additional 5,770 shares during the period. Finally, Broadleaf Partners LLC boosted its stake in Alerian MLP ETF by 3.3% during the 4th quarter. Broadleaf Partners LLC now owns 179,291 shares of the exchange traded fund’s stock worth $1,565,000 after purchasing an additional 5,672 shares during the period.
NYSEARCA:AMLP remained flat at $$10.14 during trading hours on Monday. 9,239,046 shares of the company were exchanged, compared to its average volume of 18,055,311. Alerian MLP ETF has a 12-month low of $8.27 and a 12-month high of $11.41.
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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.
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