Tiedemann Advisors LLC Has $243,000 Position in Alerian MLP ETF (AMLP)

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Tiedemann Advisors LLC trimmed its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 86.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,148 shares of the exchange traded fund’s stock after selling 160,638 shares during the period. Tiedemann Advisors LLC’s holdings in Alerian MLP ETF were worth $243,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AMLP. Charles Schwab Investment Advisory Inc. acquired a new position in Alerian MLP ETF during the second quarter valued at approximately $374,518,000. Wells Fargo & Company MN raised its position in Alerian MLP ETF by 4.1% during the second quarter. Wells Fargo & Company MN now owns 30,059,288 shares of the exchange traded fund’s stock valued at $303,599,000 after purchasing an additional 1,190,931 shares in the last quarter. Creative Planning raised its position in Alerian MLP ETF by 22.8% during the second quarter. Creative Planning now owns 22,694,990 shares of the exchange traded fund’s stock valued at $229,219,000 after purchasing an additional 4,221,062 shares in the last quarter. TIAA FSB raised its position in Alerian MLP ETF by 3.3% during the second quarter. TIAA FSB now owns 8,576,705 shares of the exchange traded fund’s stock valued at $86,625,000 after purchasing an additional 273,056 shares in the last quarter. Finally, Raymond James & Associates raised its position in Alerian MLP ETF by 18.7% during the second quarter. Raymond James & Associates now owns 6,258,470 shares of the exchange traded fund’s stock valued at $63,210,000 after purchasing an additional 987,562 shares in the last quarter.

Shares of NYSEARCA AMLP traded up $0.02 during midday trading on Friday, reaching $10.56. 15,457,336 shares of the company were exchanged, compared to its average volume of 15,277,792. Alerian MLP ETF has a one year low of $9.01 and a one year high of $11.89.

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.

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Institutional Ownership by Quarter for Alerian MLP ETF (NYSEARCA:AMLP)

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