Oxbow Advisors LLC Raises Position in Alerian MLP ETF $AMLP

Oxbow Advisors LLC boosted its position in Alerian MLP ETF (NYSEARCA:AMLP) by 11.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 202,356 shares of the exchange traded fund’s stock after purchasing an additional 20,800 shares during the period. Alerian MLP ETF comprises approximately 0.9% of Oxbow Advisors LLC’s portfolio, making the stock its 21st biggest holding. Oxbow Advisors LLC’s holdings in Alerian MLP ETF were worth $9,497,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mid American Wealth Advisory Group Inc. bought a new stake in Alerian MLP ETF in the 2nd quarter valued at about $29,000. Manchester Capital Management LLC bought a new position in shares of Alerian MLP ETF in the second quarter valued at approximately $29,000. GAMMA Investing LLC grew its stake in Alerian MLP ETF by 213.9% during the third quarter. GAMMA Investing LLC now owns 653 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 445 shares in the last quarter. Crews Bank & Trust bought a new stake in Alerian MLP ETF during the 2nd quarter worth approximately $39,000. Finally, MJT & Associates Financial Advisory Group Inc. lifted its stake in Alerian MLP ETF by 136.3% in the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 945 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 545 shares in the last quarter.

Alerian MLP ETF Trading Up 0.1%

Shares of Alerian MLP ETF stock traded up $0.07 during trading on Friday, hitting $49.25. The stock had a trading volume of 1,814,927 shares, compared to its average volume of 2,034,002. Alerian MLP ETF has a 12 month low of $43.75 and a 12 month high of $53.24. The firm has a market cap of $11.04 billion, a price-to-earnings ratio of 14.17 and a beta of 0.70. The business’s 50-day moving average is $47.60 and its 200 day moving average is $47.65.

Alerian MLP ETF Company 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. 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).