Saxon Interests Inc. Sells 10,045 Shares of Alerian MLP ETF (NYSEARCA:AMLP)

Saxon Interests Inc. trimmed its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 40.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 14,842 shares of the exchange traded fund’s stock after selling 10,045 shares during the quarter. Saxon Interests Inc.’s holdings in Alerian MLP ETF were worth $715,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of Alerian MLP ETF by 13.0% during the third quarter. LPL Financial LLC now owns 2,399,962 shares of the exchange traded fund’s stock valued at $113,110,000 after buying an additional 275,254 shares during the last quarter. Raymond James & Associates boosted its stake in Alerian MLP ETF by 2.4% during the 3rd quarter. Raymond James & Associates now owns 1,061,519 shares of the exchange traded fund’s stock valued at $50,029,000 after purchasing an additional 24,674 shares during the last quarter. Stephens Inc. AR increased its holdings in shares of Alerian MLP ETF by 2.8% in the 3rd quarter. Stephens Inc. AR now owns 984,226 shares of the exchange traded fund’s stock worth $46,387,000 after purchasing an additional 26,882 shares in the last quarter. Naviter Wealth LLC raised its stake in shares of Alerian MLP ETF by 14.2% in the third quarter. Naviter Wealth LLC now owns 877,080 shares of the exchange traded fund’s stock worth $41,337,000 after purchasing an additional 108,804 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Alerian MLP ETF by 10.7% during the third quarter. HighTower Advisors LLC now owns 872,018 shares of the exchange traded fund’s stock valued at $41,091,000 after purchasing an additional 83,961 shares in the last quarter.

Alerian MLP ETF Price Performance

Alerian MLP ETF stock opened at $51.57 on Friday. Alerian MLP ETF has a one year low of $42.25 and a one year high of $51.52. The business’s fifty day moving average is $48.94 and its 200 day moving average is $47.86. The stock has a market capitalization of $9.28 billion, a PE ratio of 13.08 and a beta of 0.48.

Alerian MLP ETF 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.