First American Trust FSB Has $17.03 Million Stake in Alerian MLP ETF $AMLP

First American Trust FSB decreased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 362,252 shares of the exchange traded fund’s stock after selling 12,298 shares during the period. Alerian MLP ETF accounts for 1.2% of First American Trust FSB’s investment portfolio, making the stock its 20th biggest holding. First American Trust FSB owned approximately 0.16% of Alerian MLP ETF worth $17,033,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMLP. Northwestern Mutual Wealth Management Co. lifted its position in Alerian MLP ETF by 14,563.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,289,345 shares of the exchange traded fund’s stock worth $60,625,000 after acquiring an additional 1,280,552 shares during the last quarter. Orion Porfolio Solutions LLC lifted its position in Alerian MLP ETF by 326.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,039,696 shares of the exchange traded fund’s stock worth $50,800,000 after acquiring an additional 795,787 shares during the last quarter. Assetmark Inc. lifted its position in Alerian MLP ETF by 1,024.7% during the 3rd quarter. Assetmark Inc. now owns 716,978 shares of the exchange traded fund’s stock worth $33,648,000 after acquiring an additional 653,230 shares during the last quarter. US Bancorp DE increased its holdings in shares of Alerian MLP ETF by 57.6% during the 3rd quarter. US Bancorp DE now owns 1,197,958 shares of the exchange traded fund’s stock worth $56,220,000 after purchasing an additional 437,947 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of Alerian MLP ETF by 1,508.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 406,459 shares of the exchange traded fund’s stock worth $19,116,000 after purchasing an additional 381,190 shares during the period.

Alerian MLP ETF Stock Performance

NYSEARCA:AMLP opened at $52.77 on Thursday. The firm’s 50-day moving average is $52.79 and its 200-day moving average is $50.79. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $55.22. The company has a market cap of $12.31 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50.

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. 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).