Dividend Assets Capital LLC boosted its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 23.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 163,790 shares of the exchange traded fund’s stock after acquiring an additional 31,448 shares during the quarter. Dividend Assets Capital LLC’s holdings in Alerian MLP ETF were worth $1,749,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. GWM Advisors LLC bought a new position in Alerian MLP ETF in the 3rd quarter valued at about $112,000. JNBA Financial Advisors bought a new position in shares of Alerian MLP ETF during the 3rd quarter worth approximately $113,000. Sadoff Investment Management LLC bought a new position in shares of Alerian MLP ETF during the 2nd quarter worth approximately $108,000. Avestar Capital LLC bought a new position in shares of Alerian MLP ETF during the 2nd quarter worth approximately $110,000. Finally, Bridges Investment Management Inc. bought a new position in shares of Alerian MLP ETF during the 2nd quarter worth approximately $114,000.
Alerian MLP ETF stock opened at $10.20 on Thursday. Alerian MLP ETF has a 52 week low of $9.01 and a 52 week high of $11.89.
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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