Sterling Investment Management LLC Has $987,000 Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Sterling Investment Management LLC cut its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 23,209 shares of the exchange traded fund’s stock after selling 596 shares during the quarter. Sterling Investment Management LLC’s holdings in Alerian MLP ETF were worth $987,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in AMLP. Moneta Group Investment Advisors LLC lifted its holdings in shares of Alerian MLP ETF by 270,500.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 16,135,934 shares of the exchange traded fund’s stock valued at $614,295,000 after buying an additional 16,129,971 shares during the last quarter. Cowa LLC raised its stake in shares of Alerian MLP ETF by 10,043.4% in the 1st quarter. Cowa LLC now owns 5,232,801 shares of the exchange traded fund’s stock valued at $2,004,000 after acquiring an additional 5,181,213 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Alerian MLP ETF by 54.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 14,607,500 shares of the exchange traded fund’s stock valued at $559,467,000 after acquiring an additional 5,174,427 shares in the last quarter. TIAA Trust National Association bought a new position in Alerian MLP ETF in the 3rd quarter worth approximately $42,485,000. Finally, Wright Fund Management LLC bought a new position in Alerian MLP ETF in the 3rd quarter worth approximately $37,355,000.

Alerian MLP ETF Stock Up 0.5 %

Shares of NYSEARCA AMLP opened at $47.08 on Thursday. The business’s 50 day moving average is $45.31 and its two-hundred day moving average is $43.42. The company has a market cap of $7.71 billion, a P/E ratio of 13.30 and a beta of 1.42. Alerian MLP ETF has a 12 month low of $37.06 and a 12 month high of $47.50.

Alerian MLP ETF Company 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.