Alerian MLP ETF $AMLP Holdings Boosted by Oxbow Advisors LLC

Oxbow Advisors LLC lifted its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 12.4% during the second quarter, Holdings Channel reports. The firm owned 509,673 shares of the exchange traded fund’s stock after acquiring an additional 56,317 shares during the quarter. Alerian MLP ETF makes up about 2.1% of Oxbow Advisors LLC’s portfolio, making the stock its 6th largest holding. Oxbow Advisors LLC’s holdings in Alerian MLP ETF were worth $26,427,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in AMLP. Burke & Herbert Bank & Trust Co. grew its stake in Alerian MLP ETF by 6.5% during the 2nd quarter. Burke & Herbert Bank & Trust Co. now owns 12,605 shares of the exchange traded fund’s stock worth $654,000 after buying an additional 770 shares during the last quarter. Main Street Financial Solutions LLC purchased a new stake in Alerian MLP ETF in the second quarter valued at approximately $1,650,000. Perigon Wealth Management LLC boosted its holdings in shares of Alerian MLP ETF by 1.9% in the second quarter. Perigon Wealth Management LLC now owns 61,691 shares of the exchange traded fund’s stock valued at $3,199,000 after acquiring an additional 1,161 shares during the period. OneDigital Investment Advisors LLC boosted its holdings in shares of Alerian MLP ETF by 27.4% in the second quarter. OneDigital Investment Advisors LLC now owns 14,991 shares of the exchange traded fund’s stock valued at $777,000 after acquiring an additional 3,223 shares during the period. Finally, Cura Wealth Advisors LLC grew its position in shares of Alerian MLP ETF by 2.8% during the second quarter. Cura Wealth Advisors LLC now owns 44,035 shares of the exchange traded fund’s stock worth $2,283,000 after acquiring an additional 1,185 shares during the last quarter.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $55.31 on Wednesday. The firm’s fifty day simple moving average is $53.28 and its 200-day simple moving average is $52.69. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $55.66. The stock has a market capitalization of $13.00 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).