Total Wealth Planning & Management Inc. Purchases Shares of 22,230 Alerian MLP ETF $AMLP

Total Wealth Planning & Management Inc. purchased a new stake in shares of Alerian MLP ETF (NYSEARCA:AMLP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 22,230 shares of the exchange traded fund’s stock, valued at approximately $1,045,000. Alerian MLP ETF makes up 0.8% of Total Wealth Planning & Management Inc.’s holdings, making the stock its 29th biggest holding.

Several other institutional investors have also added to or reduced their stakes in the company. J2 Capital Management Inc grew its holdings in Alerian MLP ETF by 4.2% during the 4th quarter. J2 Capital Management Inc now owns 5,348 shares of the exchange traded fund’s stock valued at $251,000 after buying an additional 218 shares in the last quarter. CWA Asset Management Group LLC grew its holdings in Alerian MLP ETF by 1.1% during the 4th quarter. CWA Asset Management Group LLC now owns 19,438 shares of the exchange traded fund’s stock valued at $914,000 after buying an additional 220 shares in the last quarter. Shepherd Kaplan Krochuk LLC grew its holdings in Alerian MLP ETF by 2.2% during the 3rd quarter. Shepherd Kaplan Krochuk LLC now owns 10,866 shares of the exchange traded fund’s stock valued at $510,000 after buying an additional 237 shares in the last quarter. Private Advisory Group LLC grew its holdings in Alerian MLP ETF by 5.6% during the 3rd quarter. Private Advisory Group LLC now owns 4,524 shares of the exchange traded fund’s stock valued at $212,000 after buying an additional 239 shares in the last quarter. Finally, Bogart Wealth LLC grew its holdings in Alerian MLP ETF by 4.4% during the 4th quarter. Bogart Wealth LLC now owns 5,721 shares of the exchange traded fund’s stock valued at $269,000 after buying an additional 242 shares in the last quarter.

Alerian MLP ETF Price Performance

NYSEARCA:AMLP opened at $53.25 on Friday. The firm has a market capitalization of $12.42 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. Alerian MLP ETF has a 1 year low of $44.64 and a 1 year high of $55.22. The business has a 50 day simple moving average of $52.87 and a 200-day simple moving average of $50.63.

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. 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).