Tiaa Fsb Raises Holdings in Alerian MLP ETF (NYSEARCA:AMLP)

Tiaa Fsb boosted its holdings in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 0.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,340,519 shares of the exchange traded fund’s stock after buying an additional 3,422 shares during the quarter. Tiaa Fsb owned approximately 0.87% of Alerian MLP ETF worth $44,679,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Powell Investment Advisors LLC increased its holdings in Alerian MLP ETF by 18.9% during the third quarter. Powell Investment Advisors LLC now owns 13,791 shares of the exchange traded fund’s stock valued at $460,000 after buying an additional 2,190 shares during the period. Heartwood Wealth Advisors LLC boosted its stake in Alerian MLP ETF by 2.4% in the third quarter. Heartwood Wealth Advisors LLC now owns 390,124 shares of the exchange traded fund’s stock valued at $13,003,000 after acquiring an additional 9,096 shares in the last quarter. RFG Holdings Inc. acquired a new stake in Alerian MLP ETF in the third quarter valued at approximately $251,000. Smithbridge Asset Management Inc. DE boosted its stake in Alerian MLP ETF by 16.4% in the third quarter. Smithbridge Asset Management Inc. DE now owns 20,818 shares of the exchange traded fund’s stock valued at $694,000 after acquiring an additional 2,935 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Alerian MLP ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 4,890,607 shares of the exchange traded fund’s stock valued at $178,066,000 after acquiring an additional 252,925 shares in the last quarter.

Shares of NYSEARCA:AMLP traded up $0.37 on Thursday, hitting $34.02. 958,643 shares of the company were exchanged, compared to its average volume of 2,491,352. Alerian MLP ETF has a 1-year low of $24.92 and a 1-year high of $38.92. The stock’s 50 day moving average price is $34.70 and its 200 day moving average price is $34.57.

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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