Alerian MLP ETF $AMLP Shares Acquired by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 3.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,251 shares of the exchange traded fund’s stock after purchasing an additional 1,340 shares during the quarter. Alerian MLP ETF comprises 0.8% of Samalin Investment Counsel LLC’s holdings, making the stock its 26th biggest position. Samalin Investment Counsel LLC’s holdings in Alerian MLP ETF were worth $2,016,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cahill Financial Advisors Inc. increased its stake in shares of Alerian MLP ETF by 27.0% in the second quarter. Cahill Financial Advisors Inc. now owns 6,762 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 1,437 shares during the period. Allworth Financial LP grew its holdings in Alerian MLP ETF by 30.1% in the 2nd quarter. Allworth Financial LP now owns 289,212 shares of the exchange traded fund’s stock worth $14,131,000 after buying an additional 66,989 shares in the last quarter. Americana Partners LLC grew its holdings in Alerian MLP ETF by 68.8% in the 2nd quarter. Americana Partners LLC now owns 21,758 shares of the exchange traded fund’s stock worth $1,063,000 after buying an additional 8,871 shares in the last quarter. Fountainhead AM LLC increased its position in Alerian MLP ETF by 4.5% in the 2nd quarter. Fountainhead AM LLC now owns 6,057 shares of the exchange traded fund’s stock valued at $296,000 after acquiring an additional 259 shares during the period. Finally, HC Advisors LLC acquired a new stake in Alerian MLP ETF in the 2nd quarter valued at approximately $1,734,000.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $47.20 on Monday. Alerian MLP ETF has a 1-year low of $43.75 and a 1-year high of $53.24. The business’s fifty day moving average price is $46.91 and its two-hundred day moving average price is $48.06. The company has a market capitalization of $10.36 billion, a P/E ratio of 14.17 and a beta of 0.70.

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.