Willingdon Wealth Management boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 1.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 280,321 shares of the exchange traded fund’s stock after buying an additional 4,286 shares during the period. Willingdon Wealth Management’s holdings in Alerian MLP ETF were worth $2,761,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of AMLP. Lindbrook Capital LLC bought a new position in Alerian MLP ETF in the 2nd quarter worth approximately $29,000. TCG Advisors LP acquired a new stake in shares of Alerian MLP ETF during the 1st quarter worth approximately $49,000. Wealthcare Advisory Partners LLC grew its holdings in shares of Alerian MLP ETF by 18.7% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,758 shares of the exchange traded fund’s stock worth $67,000 after purchasing an additional 1,065 shares in the last quarter. Weaver Consulting Group acquired a new stake in shares of Alerian MLP ETF during the 1st quarter worth approximately $73,000. Finally, NEXT Financial Group Inc grew its holdings in shares of Alerian MLP ETF by 197.6% during the 2nd quarter. NEXT Financial Group Inc now owns 7,411 shares of the exchange traded fund’s stock worth $73,000 after purchasing an additional 4,921 shares in the last quarter.
Shares of NYSEARCA:AMLP traded up $0.06 during trading on Tuesday, hitting $9.01. 1,493,921 shares of the stock were exchanged, compared to its average volume of 15,440,213. Alerian MLP ETF has a 1-year low of $8.27 and a 1-year high of $11.33. The company has a fifty day moving average price of $9.81.
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.
Featured Story: Can systematic risk be avoided?
Want to see what other hedge funds are holding AMLP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alerian MLP ETF (NYSEARCA:AMLP).
Receive News & Ratings for Alerian MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter.