Orleans Capital Management Corp LA grew its holdings in shares of Alerian MLP (NYSE:AMLP) by 1.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 161,950 shares of the exchange traded fund’s stock after purchasing an additional 3,050 shares during the period. Orleans Capital Management Corp LA’s holdings in Alerian MLP were worth $1,937,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of AMLP. American Research & Management Co. lifted its holdings in shares of Alerian MLP by 73.6% during the 2nd quarter. American Research & Management Co. now owns 9,200 shares of the exchange traded fund’s stock valued at $110,000 after purchasing an additional 3,900 shares during the last quarter. A. D. Beadell Investment Counsel Inc. purchased a new stake in shares of Alerian MLP during the 2nd quarter valued at $126,000. Schroder Investment Management Group purchased a new stake in shares of Alerian MLP during the 2nd quarter valued at $133,000. Argent Trust Co purchased a new stake in shares of Alerian MLP during the 2nd quarter valued at $139,000. Finally, Tocqueville Asset Management L.P. lifted its holdings in shares of Alerian MLP by 5.7% during the 2nd quarter. Tocqueville Asset Management L.P. now owns 13,475 shares of the exchange traded fund’s stock valued at $161,000 after purchasing an additional 725 shares during the last quarter.
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Shares of Alerian MLP (NYSE:AMLP) traded down 0.97% during mid-day trading on Friday, hitting $11.19. The stock had a trading volume of 2,233,510 shares. Alerian MLP has a 12 month low of $10.51 and a 12 month high of $13.31. The stock’s 50-day moving average is $11.21 and its 200 day moving average is $11.81.
About Alerian MLP
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.
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