Edge Wealth Management LLC reduced its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 83.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 339,348 shares of the exchange traded fund’s stock after selling 1,742,642 shares during the period. Edge Wealth Management LLC’s holdings in Alerian MLP ETF were worth $2,963,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Highwater Wealth Management LLC acquired a new stake in shares of Alerian MLP ETF during the fourth quarter worth about $85,000. GWM Advisors LLC acquired a new stake in shares of Alerian MLP ETF during the third quarter worth about $112,000. JNBA Financial Advisors acquired a new stake in shares of Alerian MLP ETF during the third quarter worth about $113,000. Bridges Investment Management Inc. acquired a new stake in shares of Alerian MLP ETF during the second quarter worth about $114,000. Finally, Atlas Capital Advisors LLC acquired a new position in Alerian MLP ETF in the 3rd quarter valued at about $129,000.
AMLP stock traded down $0.13 during trading on Friday, hitting $9.62. The company had a trading volume of 28,523,835 shares, compared to its average volume of 30,734,785. Alerian MLP ETF has a 1-year low of $8.27 and a 1-year 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.
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.