Alerian MLP ETF (NYSEARCA:AMLP) Shares Bought by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. boosted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 36.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,103 shares of the exchange traded fund’s stock after buying an additional 3,244 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Alerian MLP ETF were worth $441,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in AMLP. Comerica Bank acquired a new stake in Alerian MLP ETF during the first quarter valued at $349,000. Commonwealth Equity Services LLC grew its position in Alerian MLP ETF by 12.1% during the first quarter. Commonwealth Equity Services LLC now owns 235,010 shares of the exchange traded fund’s stock valued at $7,167,000 after buying an additional 25,450 shares during the period. Envestnet Asset Management Inc. grew its position in Alerian MLP ETF by 45.5% during the first quarter. Envestnet Asset Management Inc. now owns 1,074,408 shares of the exchange traded fund’s stock valued at $32,769,000 after buying an additional 336,082 shares during the period. Palladium Partners LLC acquired a new stake in Alerian MLP ETF during the first quarter valued at $1,989,000. Finally, Wade G W & Inc. grew its position in Alerian MLP ETF by 5.1% during the first quarter. Wade G W & Inc. now owns 18,835 shares of the exchange traded fund’s stock valued at $574,000 after buying an additional 909 shares during the period.

AMLP stock opened at $32.69 on Wednesday. Alerian MLP ETF has a one year low of $18.93 and a one year high of $38.92. The firm’s fifty day moving average is $33.32 and its 200 day moving average is $33.47.

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.

Read More: Yield Curve

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

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