Alerian MLP ETF $AMLP Stake Lifted by Bard Associates Inc.

Bard Associates Inc. grew its holdings in Alerian MLP ETF (NYSEARCA:AMLP) by 70.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 172,527 shares of the exchange traded fund’s stock after acquiring an additional 71,446 shares during the quarter. Alerian MLP ETF comprises 2.1% of Bard Associates Inc.’s investment portfolio, making the stock its 10th biggest holding. Bard Associates Inc. owned about 0.08% of Alerian MLP ETF worth $8,112,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in AMLP. Flagship Harbor Advisors LLC purchased a new position in Alerian MLP ETF during the 4th quarter worth approximately $43,000. Whittier Trust Co. of Nevada Inc. grew its stake in Alerian MLP ETF by 800.0% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 1,000 shares during the last quarter. Palladiem LLC purchased a new position in Alerian MLP ETF during the 4th quarter worth approximately $60,000. BROOKFIELD Corp ON purchased a new position in Alerian MLP ETF during the 2nd quarter worth approximately $65,000. Finally, First Horizon Corp grew its stake in Alerian MLP ETF by 396.7% during the 4th quarter. First Horizon Corp now owns 1,490 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 1,190 shares during the last quarter.

Alerian MLP ETF Stock Down 0.3%

NYSEARCA:AMLP opened at $52.13 on Friday. The stock’s 50 day moving average price is $52.79 and its 200 day moving average price is $50.84. The company has a market capitalization of $12.16 billion, a PE ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 52-week low of $44.64 and a 52-week high of $55.22.

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).