TIAA Trust National Association Has $48.06 Million Position in Alerian MLP ETF $AMLP

TIAA Trust National Association grew its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 8.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 982,685 shares of the exchange traded fund’s stock after acquiring an additional 73,243 shares during the quarter. TIAA Trust National Association owned 0.46% of Alerian MLP ETF worth $48,062,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of AMLP. Brighton Jones LLC grew its holdings in Alerian MLP ETF by 19.4% during the fourth quarter. Brighton Jones LLC now owns 44,781 shares of the exchange traded fund’s stock valued at $2,157,000 after purchasing an additional 7,280 shares during the period. First Horizon Advisors Inc. boosted its position in shares of Alerian MLP ETF by 40.3% during the first quarter. First Horizon Advisors Inc. now owns 1,045 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 300 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in shares of Alerian MLP ETF by 70.5% during the first quarter. OneDigital Investment Advisors LLC now owns 31,532 shares of the exchange traded fund’s stock worth $1,638,000 after purchasing an additional 13,037 shares in the last quarter. Mills Wealth Advisors LLC grew its holdings in shares of Alerian MLP ETF by 10.3% in the 1st quarter. Mills Wealth Advisors LLC now owns 87,110 shares of the exchange traded fund’s stock valued at $4,524,000 after buying an additional 8,157 shares during the period. Finally, World Investment Advisors increased its position in shares of Alerian MLP ETF by 7.6% in the 1st quarter. World Investment Advisors now owns 39,869 shares of the exchange traded fund’s stock valued at $2,071,000 after buying an additional 2,811 shares in the last quarter.

Alerian MLP ETF Trading Down 0.6%

Shares of Alerian MLP ETF stock opened at $46.64 on Friday. The stock’s fifty day simple moving average is $47.05 and its 200 day simple moving average is $48.11. The company has a market capitalization of $10.25 billion, a PE ratio of 14.17 and a beta of 0.70. Alerian MLP ETF has a 12 month low of $43.75 and a 12 month high of $53.24.

About Alerian MLP ETF

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.