Wellington Shields & Co. LLC Lowers Position in Alerian MLP ETF (AMLP)

Wellington Shields & Co. LLC cut its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 61.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,004 shares of the exchange traded fund’s stock after selling 29,667 shares during the quarter. Wellington Shields & Co. LLC’s holdings in Alerian MLP ETF were worth $203,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Wellington Shields Capital Management LLC bought a new position in Alerian MLP ETF in the third quarter worth about $190,000. Global Financial Private Capital LLC raised its holdings in Alerian MLP ETF by 9.4% in the third quarter. Global Financial Private Capital LLC now owns 114,041 shares of the exchange traded fund’s stock worth $1,218,000 after purchasing an additional 9,814 shares in the last quarter. Chicago Partners Investment Group LLC raised its holdings in Alerian MLP ETF by 18.3% in the third quarter. Chicago Partners Investment Group LLC now owns 262,681 shares of the exchange traded fund’s stock worth $2,559,000 after purchasing an additional 40,666 shares in the last quarter. Dividend Assets Capital LLC raised its holdings in Alerian MLP ETF by 23.8% in the third quarter. Dividend Assets Capital LLC now owns 163,790 shares of the exchange traded fund’s stock worth $1,749,000 after purchasing an additional 31,448 shares in the last quarter. Finally, Crescent Grove Advisors LLC raised its holdings in Alerian MLP ETF by 8.5% in the third quarter. Crescent Grove Advisors LLC now owns 291,612 shares of the exchange traded fund’s stock worth $3,114,000 after purchasing an additional 22,854 shares in the last quarter.

Alerian MLP ETF stock traded down $0.16 during trading hours on Friday, reaching $9.86. The stock had a trading volume of 174,117 shares, compared to its average volume of 15,524,018. Alerian MLP ETF has a 52 week low of $9.01 and a 52 week high of $11.89.

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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.

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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