Transcend Capital Advisors LLC Has $10.08 Million Stock Holdings in Alerian MLP ETF $AMLP

Transcend Capital Advisors LLC raised its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 17.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 194,367 shares of the exchange traded fund’s stock after acquiring an additional 28,415 shares during the period. Alerian MLP ETF makes up 0.7% of Transcend Capital Advisors LLC’s holdings, making the stock its 26th largest position. Transcend Capital Advisors LLC’s holdings in Alerian MLP ETF were worth $10,078,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Mayfair Advisory Group LLC boosted its position in shares of Alerian MLP ETF by 3.4% in the 1st quarter. Mayfair Advisory Group LLC now owns 6,079 shares of the exchange traded fund’s stock worth $320,000 after purchasing an additional 200 shares during the last quarter. Noesis Capital Mangement Corp increased its holdings in Alerian MLP ETF by 3.0% in the first quarter. Noesis Capital Mangement Corp now owns 6,900 shares of the exchange traded fund’s stock valued at $363,000 after purchasing an additional 200 shares during the last quarter. Bogart Wealth LLC increased its holdings in Alerian MLP ETF by 4.4% in the fourth quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 242 shares during the last quarter. J. L. Bainbridge & Co. Inc. increased its holdings in Alerian MLP ETF by 5.0% in the first quarter. J. L. Bainbridge & Co. Inc. now owns 5,680 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 271 shares during the last quarter. Finally, Keudell Morrison Wealth Management lifted its stake in Alerian MLP ETF by 5.2% in the first quarter. Keudell Morrison Wealth Management now owns 5,577 shares of the exchange traded fund’s stock valued at $294,000 after buying an additional 275 shares during the period.

Alerian MLP ETF Trading Up 1.1%

NYSEARCA:AMLP opened at $54.96 on Friday. Alerian MLP ETF has a 1-year low of $44.64 and a 1-year high of $55.66. The firm has a market capitalization of $12.91 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The business’s 50-day moving average price is $53.18 and its two-hundred day moving average price is $52.59.

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. The Index is comprised of 25 energy infrastructure MLPs. The fund will invest at least 90% of its total assets in securities, which comprise the Index (or depositary receipts based on such securities).