TD Private Client Wealth LLC Has $352,000 Stake in Alerian MLP ETF (NYSEARCA:AMLP)

TD Private Client Wealth LLC grew its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 25.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,468 shares of the exchange traded fund’s stock after purchasing an additional 1,493 shares during the period. TD Private Client Wealth LLC’s holdings in Alerian MLP ETF were worth $352,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in AMLP. LPL Financial LLC raised its stake in Alerian MLP ETF by 13.0% in the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after purchasing an additional 275,254 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Alerian MLP ETF by 15.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,007,435 shares of the exchange traded fund’s stock valued at $96,317,000 after buying an additional 272,696 shares during the period. Allen Investment Management LLC raised its position in shares of Alerian MLP ETF by 16.8% in the 2nd quarter. Allen Investment Management LLC now owns 1,315,442 shares of the exchange traded fund’s stock valued at $63,115,000 after buying an additional 188,980 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of Alerian MLP ETF by 2.4% during the 3rd quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock worth $50,029,000 after acquiring an additional 24,674 shares during the period. Finally, Stephens Inc. AR boosted its position in shares of Alerian MLP ETF by 2.8% during the 3rd quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock worth $46,387,000 after acquiring an additional 26,882 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA AMLP opened at $49.09 on Friday. The business has a fifty day moving average price of $48.20 and a two-hundred day moving average price of $47.48. The stock has a market capitalization of $8.83 billion, a PE ratio of 13.08 and a beta of 0.48. Alerian MLP ETF has a fifty-two week low of $41.80 and a fifty-two week high of $51.47.

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.