Flagship Harbor Advisors LLC reduced its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 21.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,334 shares of the exchange traded fund’s stock after selling 5,979 shares during the period. Flagship Harbor Advisors LLC’s holdings in Alerian MLP ETF were worth $243,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. GWM Advisors LLC purchased a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $112,000. JNBA Financial Advisors purchased a new stake in Alerian MLP ETF in the 3rd quarter worth approximately $113,000. Sadoff Investment Management LLC purchased a new stake in Alerian MLP ETF in the 2nd quarter worth approximately $108,000. Avestar Capital LLC purchased a new stake in Alerian MLP ETF in the 2nd quarter worth approximately $110,000. Finally, Bridges Investment Management Inc. purchased a new stake in Alerian MLP ETF in the 2nd quarter worth approximately $114,000.
AMLP stock opened at $9.93 on Friday. Alerian MLP ETF has a one year low of $9.01 and a one year high of $11.89.
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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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