Csenge Advisory Group Takes Position in Alerian MLP ETF $AMLP

Csenge Advisory Group acquired a new stake in Alerian MLP ETF (NYSEARCA:AMLP) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 189,897 shares of the exchange traded fund’s stock, valued at approximately $9,846,000. Csenge Advisory Group owned 0.08% of Alerian MLP ETF as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of AMLP. Sanctuary Advisors LLC lifted its position in Alerian MLP ETF by 20.3% in the 4th quarter. Sanctuary Advisors LLC now owns 184,231 shares of the exchange traded fund’s stock valued at $8,663,000 after acquiring an additional 31,089 shares in the last quarter. Greenspring Advisors LLC acquired a new position in Alerian MLP ETF in the 4th quarter worth $1,622,000. Prevail Innovative Wealth Advisors LLC increased its holdings in Alerian MLP ETF by 27.5% during the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 60,990 shares of the exchange traded fund’s stock worth $2,868,000 after purchasing an additional 13,136 shares in the last quarter. Cary Street Partners Financial LLC increased its holdings in Alerian MLP ETF by 19.1% during the 4th quarter. Cary Street Partners Financial LLC now owns 257,238 shares of the exchange traded fund’s stock worth $12,095,000 after purchasing an additional 41,186 shares in the last quarter. Finally, Bard Associates Inc. raised its stake in shares of Alerian MLP ETF by 70.7% in the 4th quarter. Bard Associates Inc. now owns 172,527 shares of the exchange traded fund’s stock valued at $8,112,000 after purchasing an additional 71,446 shares during the period.

Alerian MLP ETF Price Performance

Shares of Alerian MLP ETF stock opened at $54.90 on Thursday. The firm has a market cap of $12.90 billion, a price-to-earnings ratio of 14.17 and a beta of 0.50. The stock’s 50-day moving average is $53.33 and its 200-day moving average is $52.72. Alerian MLP ETF has a one year low of $44.64 and a one year high of $55.66.

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).