Heartwood Wealth Advisors LLC Cuts Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Heartwood Wealth Advisors LLC decreased its stake in Alerian MLP ETF (NYSEARCA:AMLP) by 0.9% in the 4th quarter, Holdings Channel reports. The firm owned 60,693 shares of the exchange traded fund’s stock after selling 562 shares during the quarter. Heartwood Wealth Advisors LLC’s holdings in Alerian MLP ETF were worth $2,923,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in AMLP. Bank of New York Mellon Corp lifted its position in shares of Alerian MLP ETF by 6.3% in the second quarter. Bank of New York Mellon Corp now owns 7,285 shares of the exchange traded fund’s stock valued at $350,000 after acquiring an additional 433 shares in the last quarter. PFG Investments LLC boosted its holdings in shares of Alerian MLP ETF by 31.7% during the second quarter. PFG Investments LLC now owns 9,398 shares of the exchange traded fund’s stock worth $451,000 after purchasing an additional 2,261 shares during the last quarter. LPL Financial LLC grew its position in shares of Alerian MLP ETF by 8.9% in the second quarter. LPL Financial LLC now owns 2,124,708 shares of the exchange traded fund’s stock valued at $101,943,000 after purchasing an additional 173,805 shares during the period. BOKF NA increased its stake in Alerian MLP ETF by 34.6% in the second quarter. BOKF NA now owns 15,400 shares of the exchange traded fund’s stock valued at $739,000 after purchasing an additional 3,955 shares during the last quarter. Finally, Eagle Strategies LLC boosted its stake in Alerian MLP ETF by 856.8% in the 2nd quarter. Eagle Strategies LLC now owns 114,504 shares of the exchange traded fund’s stock worth $5,494,000 after buying an additional 102,536 shares during the last quarter.

Alerian MLP ETF Stock Down 0.8 %

Shares of AMLP stock traded down $0.41 during trading hours on Friday, hitting $49.05. 1,122,806 shares of the company were exchanged, compared to its average volume of 1,124,087. Alerian MLP ETF has a 1 year low of $42.25 and a 1 year high of $51.47. The firm has a fifty day moving average of $48.66 and a 200 day moving average of $47.77. The firm has a market cap of $8.82 billion, a PE ratio of 13.08 and a beta of 0.48.

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.