Vigilare Wealth Management Cuts Stock Position in Alerian MLP ETF (NYSEARCA:AMLP)

Vigilare Wealth Management lessened its stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 9.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,298 shares of the exchange traded fund’s stock after selling 1,573 shares during the period. Vigilare Wealth Management’s holdings in Alerian MLP ETF were worth $689,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC increased its position in shares of Alerian MLP ETF by 532.8% during the third quarter. Farther Finance Advisors LLC now owns 19,668 shares of the exchange traded fund’s stock valued at $927,000 after acquiring an additional 16,560 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of Alerian MLP ETF in the 3rd quarter worth $65,000. Regency Capital Management Inc. DE raised its stake in shares of Alerian MLP ETF by 173.7% in the third quarter. Regency Capital Management Inc. DE now owns 98,179 shares of the exchange traded fund’s stock worth $4,627,000 after purchasing an additional 62,304 shares during the last quarter. Zions Bancorporation N.A. bought a new position in shares of Alerian MLP ETF during the second quarter valued at $96,000. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Alerian MLP ETF by 47.0% during the second quarter. Benjamin Edwards Inc. now owns 20,362 shares of the exchange traded fund’s stock valued at $977,000 after purchasing an additional 6,514 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA AMLP traded up $0.43 during trading hours on Monday, hitting $49.61. The company’s stock had a trading volume of 1,463,416 shares, compared to its average volume of 1,191,843. The company has a market cap of $8.92 billion, a P/E ratio of 13.08 and a beta of 0.48. The company’s 50 day simple moving average is $48.71 and its two-hundred day simple moving average is $47.78. Alerian MLP ETF has a 12 month low of $42.25 and a 12 month high of $51.47.

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.