Bison Wealth LLC Sells 464 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Bison Wealth LLC reduced its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 2.7% in the fourth quarter, Holdings Channel reports. The fund owned 16,712 shares of the exchange traded fund’s stock after selling 464 shares during the quarter. Bison Wealth LLC’s holdings in Alerian MLP ETF were worth $711,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Huntington National Bank boosted its holdings in Alerian MLP ETF by 4.8% in the 3rd quarter. Huntington National Bank now owns 5,149 shares of the exchange traded fund’s stock valued at $217,000 after purchasing an additional 237 shares during the period. Private Trust Co. NA boosted its holdings in Alerian MLP ETF by 1.1% in the 3rd quarter. Private Trust Co. NA now owns 22,392 shares of the exchange traded fund’s stock valued at $945,000 after purchasing an additional 250 shares during the period. Orion Portfolio Solutions LLC boosted its holdings in Alerian MLP ETF by 4.4% in the 2nd quarter. Orion Portfolio Solutions LLC now owns 6,143 shares of the exchange traded fund’s stock valued at $815,000 after purchasing an additional 260 shares during the period. Lmcg Investments LLC boosted its holdings in Alerian MLP ETF by 2.2% in the 3rd quarter. Lmcg Investments LLC now owns 11,987 shares of the exchange traded fund’s stock valued at $506,000 after purchasing an additional 262 shares during the period. Finally, Walker Asset Management LLC boosted its holdings in Alerian MLP ETF by 2.1% in the 4th quarter. Walker Asset Management LLC now owns 13,212 shares of the exchange traded fund’s stock valued at $562,000 after purchasing an additional 272 shares during the period.

Alerian MLP ETF Stock Performance

Alerian MLP ETF stock opened at $45.80 on Tuesday. The firm’s fifty day moving average price is $46.18 and its 200-day moving average price is $43.93. The stock has a market cap of $8.15 billion, a P/E ratio of 12.87 and a beta of 0.51. Alerian MLP ETF has a fifty-two week low of $37.06 and a fifty-two week high of $48.48.

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.