Oak Family Advisors LLC Sells 28,048 Shares of Alerian MLP ETF $AMLP

Oak Family Advisors LLC lowered its position in Alerian MLP ETF (NYSEARCA:AMLP) by 19.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 119,478 shares of the exchange traded fund’s stock after selling 28,048 shares during the period. Alerian MLP ETF makes up about 1.5% of Oak Family Advisors LLC’s portfolio, making the stock its 23rd largest position. Oak Family Advisors LLC’s holdings in Alerian MLP ETF were worth $5,618,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in AMLP. REAP Financial Group LLC increased its position in shares of Alerian MLP ETF by 2,000.0% in the 3rd quarter. REAP Financial Group LLC now owns 525 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 500 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of Alerian MLP ETF in the 4th quarter valued at $43,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of Alerian MLP ETF by 800.0% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,125 shares of the exchange traded fund’s stock valued at $53,000 after buying an additional 1,000 shares in the last quarter. TFC Financial Management Inc. bought a new stake in shares of Alerian MLP ETF in the 3rd quarter valued at $60,000. Finally, BROOKFIELD Corp ON bought a new stake in shares of Alerian MLP ETF in the 2nd quarter valued at $65,000.

Alerian MLP ETF Stock Up 1.1%

AMLP opened at $53.36 on Friday. Alerian MLP ETF has a 12 month low of $44.64 and a 12 month high of $54.25. The company has a fifty day simple moving average of $52.46 and a 200 day simple moving average of $49.68. The stock has a market cap of $12.45 billion, a P/E ratio of 14.17 and a beta of 0.52.

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).