Alerian MLP ETF $AMLP Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC decreased its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 81.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,008 shares of the exchange traded fund’s stock after selling 26,189 shares during the period. TD Private Client Wealth LLC’s holdings in Alerian MLP ETF were worth $282,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of Alerian MLP ETF by 0.7% during the 2nd quarter. Bank of America Corp DE now owns 8,453,389 shares of the exchange traded fund’s stock worth $413,033,000 after purchasing an additional 54,835 shares during the period. Allen Investment Management LLC raised its position in shares of Alerian MLP ETF by 9.1% in the 3rd quarter. Allen Investment Management LLC now owns 3,501,325 shares of the exchange traded fund’s stock worth $164,317,000 after buying an additional 291,011 shares during the period. Raymond James Financial Inc. raised its position in shares of Alerian MLP ETF by 5.9% in the 2nd quarter. Raymond James Financial Inc. now owns 2,715,784 shares of the exchange traded fund’s stock worth $132,693,000 after buying an additional 152,451 shares during the period. Ameriprise Financial Inc. raised its position in shares of Alerian MLP ETF by 19.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,634,868 shares of the exchange traded fund’s stock worth $79,886,000 after buying an additional 262,817 shares during the period. Finally, US Bancorp DE raised its position in shares of Alerian MLP ETF by 17.7% in the 4th quarter. US Bancorp DE now owns 1,409,498 shares of the exchange traded fund’s stock worth $66,275,000 after buying an additional 211,540 shares during the period.

Alerian MLP ETF Trading Up 0.6%

Shares of AMLP opened at $54.52 on Friday. The firm has a market capitalization of $12.72 billion, a P/E ratio of 14.17 and a beta of 0.52. The stock’s fifty day simple moving average is $52.85 and its 200 day simple moving average is $50.23. Alerian MLP ETF has a twelve month low of $44.64 and a twelve month high of $55.22.

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. 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).