Nvwm LLC increased its position in shares of Alerian MLP ETF (NYSEARCA:AMLP) by 572.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,365 shares of the exchange traded fund’s stock after buying an additional 9,675 shares during the period. Nvwm LLC’s holdings in Alerian MLP ETF were worth $112,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in AMLP. Lindbrook Capital LLC purchased a new position in Alerian MLP ETF in the second quarter valued at about $29,000. TCG Advisors LP purchased a new position in Alerian MLP ETF in the first quarter valued at about $49,000. Wealthcare Advisory Partners LLC grew its stake in Alerian MLP ETF by 18.7% in the second quarter. Wealthcare Advisory Partners LLC now owns 6,758 shares of the exchange traded fund’s stock valued at $67,000 after purchasing an additional 1,065 shares during the last quarter. Weaver Consulting Group purchased a new position in Alerian MLP ETF in the first quarter valued at about $73,000. Finally, NEXT Financial Group Inc grew its stake in Alerian MLP ETF by 197.6% in the second quarter. NEXT Financial Group Inc now owns 7,411 shares of the exchange traded fund’s stock valued at $73,000 after purchasing an additional 4,921 shares during the last quarter.
AMLP traded down $0.05 on Tuesday, hitting $8.78. The company had a trading volume of 6,707,402 shares, compared to its average volume of 15,498,612. The stock has a fifty day moving average price of $9.55 and a 200-day moving average price of $9.81. Alerian MLP ETF has a 12-month low of $8.27 and a 12-month high of $11.16.
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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