Sigma Planning Corp increased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 7.6% in the 2nd quarter, Holdings Channel.com reports. The fund owned 58,585 shares of the exchange traded fund’s stock after acquiring an additional 4,121 shares during the quarter. Sigma Planning Corp’s holdings in Alerian MLP ETF were worth $2,133,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of AMLP. Lido Advisors LLC boosted its position in shares of Alerian MLP ETF by 13.0% during the 2nd quarter. Lido Advisors LLC now owns 50,331 shares of the exchange traded fund’s stock valued at $1,833,000 after acquiring an additional 5,771 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Alerian MLP ETF by 75.5% during the 1st quarter. SG Americas Securities LLC now owns 312,758 shares of the exchange traded fund’s stock valued at $9,539,000 after acquiring an additional 134,549 shares during the last quarter. Clarity Financial LLC acquired a new position in shares of Alerian MLP ETF during the 1st quarter valued at about $978,000. IHT Wealth Management LLC acquired a new position in shares of Alerian MLP ETF during the 1st quarter valued at about $267,000. Finally, Eaton Vance Management acquired a new position in shares of Alerian MLP ETF during the 1st quarter valued at about $151,000.
NYSEARCA AMLP opened at $35.80 on Thursday. The firm’s 50-day moving average is $33.06 and its two-hundred day moving average is $33.83. Alerian MLP ETF has a 12 month low of $20.14 and a 12 month high of $38.92.
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.
See Also: Dividend Yield
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